SFIREE SWAMINARAYAN.TF.MPLE ReLFlStered charity No. 516)31 TRUSTEES REPORT AND FINANC'IAL STAI"EMENTS FOR THF. YEAR ENDb.D 31 DECEMBF.R ?0?2 Ad]ce4aCC0UnlS l.td I OIA Melton Road, Leicester LF.4 6PN AAT L.icense N(1. 7489
SHREE SWAMINA114YAN TF.MPLE INDEX Page Officers and Advisers Trustees, Report Independent Examiner's Report Ststemenl of Financial Actii'ities Balance Sheet Notes to the Accounts The following pages do not forni part of the 5tatUlor)' accounts Delailed Stalement of F inaiicial Aeiivities
Page I SHREF. SWAMINARAYAN TEMPLE LECTAL AND ADMINISTRATIVE INFORMATION Trnstees: Shree Yog)eslikumar Patel SlirLe Ndthalal K Chohan Shr¢c Jivrajbhai D Tank President.. Vice President: Shree Yo&ieshkumar Patel Shree Naihalal K Cl)ohai) Secretary: Joint Seeretary: Shree Kirdnbhai V Bhavsar Shree Kunal Patel Treasurer: Joint Tregsurer: Shree Jivrajbhai D Tank Kothari: Joint Kolhari: Shree Vipiilbliai Patel Shree Shantilal N Patel Principal Office 139_141 LoLighb0roubh Road LeiLLSter LE4 il.Q Registered Number 516531 Principal Bankers Barclajs Bank plc Belgrave Road Branch P O Bc)x 54, Town Hall Square LL'IL¢SteJ' LEI gAA Bank of India 105 -107 Relgrave Road Leicester LE4 6AS Jndependent Examiners Adi'ice4acLounts Ltd l O l A Melt()n Ri)ad. Lei¢ester-. LE4 6PN AA T Ljcense No :. 7489
SHREE SWAMINARA YAN TF.MPLE Page 2 REPORT OF THE TRUSTEES FOR THF. YEAR E.NDED 31 DECF.MBER 2022 The trustees have pleasure in presenring their annual report along wirh Ihe financial statements for the year ended 31 December 209? This report 15 prepared in accordance with the accounting w)licies sei out on pa¥e 6 and cornpl}' with the Charity's Trust Deed and applicable law. Objeetives Activities for the Publle Benefit The principal object of the eharity is to advdn¢e lh¢ Ilindu relitiion iii accordance wilh the teaching% of the Shree SarnI Narayan Bhagwan. To this end. Ihe cliariiN" is comrn itied to enabling as nTrany ordinary worshippers as possible to attend Ihe Templ¢ and practice iheir faith through pra)'ers and celebrations. The Trustees are mindful i)f the need to meei the Public Benetit requirenieni dnd have been made awar¢ of the guidance given 10 Trusiee5 bN' the Charit), Comrnission. Th¢}. consider Ih4tt the onus upon them is discharged b Ihe promotion of the Swaminaravan and Hindu ReligTrion. Apart from organi£iRb several funciions, free mea15 continue to be served to all who ¢ongre(Tate at the Temple. The Chartry 15 alwavs mindful of the OveId}ng teneis of Hinduism. that of shoM'ing respeLt and tolerance to orher culture5 and Lultivaring moral values. StruttllTe. Governance And M&oagement Shree Swaminaraian Temple is constitured Llnder a Irust deed daied l i .4pril 1985 and is a re&Tisiered ¢harits. The accounts have been prepared to confoTm witli the requir¢ments of the goveming documents, current statutory requirements and ihe requirements of Ac¢ouniing and Reporting by Charitie%. iogeiher w'iih ihe Siaiemeni. of Recommended Practice PRS I O! The rrusiees in office during the vear and at the date of this report are set nui on page l. Each trusiee has iaken responsibilitN' for rnonitoring our aciii-ities in specilic operaiional areas. chairingT subgroups consi%ring of i'olunteers. The Trustees normally illeei at least once in everv four weeks and are responsible for the day-10-day managetneni and adtninistiaiion of ihe Charity. Risk Policy The major risks to which the Trust is exposed are rei'ieii-ed regularli. and si sienis updaied to mitigate those risk-s. The Trusiees mainiain appropriate int¢mal controls and procedure& includinby Ihose relating to budgetar). and financial risks and health and safety regulations. Athievtment and Perfornigvce As in previous vears, the Trustees managed lo assisi oihcr Swaminara)'an Temples in India and UK by providing aid and have mainiained health) reserve funds in the IIK tor fuiuTr use. During the year, various religious atTrd culiural activities were organized and well allended. which also helped raise funds. The majorits. of Ih¢ income is gen¢raied through organi3inb Hindu festivals and programs, namely Diwali/Hindu New Year. Annual AnniN'ersarv (Paroisovl cclehralion5 of the TerTrple, and ather regular sponsored evetS by individuals holding praver &atherIn&l." such as Dhoon. Hanuman Chalisa, EJliajani'Kinan and Karha. This was only POS5ible with the valued and ongoing support of our voluniecrs. Fuiun FinAnei*l ReTrlew lkne Trustees are constantly Striving to improve the worshipping and communal facilities wiihin the temple. with safety and comfon in tnind. Thi5 attract5 more users and has seen an increased inflow of people, using the facElittreg. This is particularly imwrtani a5 a large PTOPOrtion of the regular5 are elderly and less able. so appreciated ihe added Conveniences available to them. The Committee has Strived to maintain the buildino and its facilities, as far as pos5ibl¢. with much work done on external roof and drains in the last few years. Fuiure plan5 are lo decorate the froni of the temple, including Ihe inain acces% doors to th¢ side of the propeny and also making the doors more secure ¥oing? forward. In addition. rhe 2nd floor 5torag)e and kitchen space is reviewed with a view to replac¢ some of the flooring and make it more eCure. and update the 2. floor shower facilities.
SHREE SWAMINARAI'AN TEMPLE REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2022 PagFe 2a Voluntary help #nd gift$ in kind The trustees are once again veTV grareful io rhe dedicated vvluntecrs whn hLlp by Varying out various duties during the religious activiiies in Ihe )'ear. and thi)5e based outside Leicestershire. A alwa}s. many volunteers give up their time to help. and w¢ are greatly indebted to these volunteer5 for their Coinmilment and 5UPPOrt. Plans for the Future mainlaift and improve ewailable pra)'er and cotnmunal facilities establish relaiioll5hips iwlth Itligious insiiluiions. fuifjll our statutory obligations of health and salety to participate in other charity wurk r¢laied To the I rust's obje£iives. Tru5tee5' re5POllsibllitits in relgtion io ihe fin8nrig1 5tAtemetbts I'he Trustees are responsible for preparing the Annual Report and tlie fin8nLial stal¢ments in accordance with applicable law and resyulations. The law applicable 10 chariiies in England and W'ales requiTes the ITUStets lo prepare financial Slaleinents for each rinancial y¢ar in ac¢ordaDce will l UJK Generall) Accepied Accouniing Pr4cliLe IUK Acctsuniingy Siandards and appli¢able l.a% i. The Tru%tees rnust nol approwe the financial siateinenls unlv%5 Ihej are satisfied that they give a true and fair wiem of the state of affairs of the Charitv aiid vf the incoming resiiurc¢5 and applicaiioji of resources. including the income and expendirure, ofthe Charity for the year. In preparing those fJnanLial slai¢ments, the tnjstees are required to.. select suirable accounting policie5 and then applv theni conslslently. observe the methods and PTincTple% iii the Charitie% SORP make judbtrmenis and t5timates thai are reasoiiable ar)d pnidenl stale whether applicable acLoulliing standard5 have been followed subj¢ci to any departiires dtsclosed and explained in the financial staiemeiiis and Prepare Ihe financial stalemenis on Ihe going coiicem basi% unless it is inappropriate lo presume that the charity will Continue to operale. The tnjstees are responsible for ke¢ping proper a¢coiinrin¥ records which (lisclose with reasonable acLuracy ai any time the financyal position of the Charity and enable them 10 ensure that the fillancial staiements comply 'Ith the Charities Act 2011, Ille Charity IA¢collllls and Reports) Retulations ?008 and Ille provisions of the Trusi De¢d. Thc) are also responsible for saleguarding tl le asseis vf Ihe charit). dnd hence for takingy r¢asonable 51eps foT the prevention and detection of fraud and oil ler irregFulariiies. Approved by the twsiees ond signed on rl leir behalf by.. Shree Yogeshkumar Patel
SHREF. SWAMINARA YAN TEMPLE Page 3 INDEPENDF.NT EXAMI.YER'.5 REPORI. TO THF. TRUSTEES OF IHREF. SWAMIYARAIAN TEMPLE I report on the accounts of the Trust for the year ended .1 l December 20?2. which are Set out on pages 4 to 6a. This report is made solely to Ilie chaTity's trustees. as a bodv. in accordance ivith section 145 of the Chariti¢s Acr 2011. My work has been undertaken so that I rnighi %tare lo lh¢ charity's Irusiees those matters l am required to slate to them in this report and for no oiher purpose. To the fullest exieni pertniiied by law. I do noi a¢Lept or assume responsibility, 10 anyone other rhan the charity and the charity's Irusiees as a body, for my work. foT rhis report. or for the opinion5 1 haNe fomied. Re5peclive responsibilities of trustee5 and examiner As the Trustees of rh¢ Charifv. you are re£ponsible for the preparaiion of the financial statements in a¢cordance wirh the requirements of the Chariiie5 Art 2011 I'the Aei i. The Lhartly's Irusiees consider thai an audit is noi required for this year under se¢iion 144121 of the Charities A¢1 2011 (the 201 I Acii and that an indepeiideni examination is needed. It Is my responsibility to: ¢Aamine the a¢¢ount5 m Id¢r section 145 Oftl le ?01 l Act. follow the procedures laid down in the General Direcrions given by the Charity Commission m I der section 14515llbl of the ?01 l A¢t: and Stale whether particular marreTS have ¢ome to my attention. Bas1$ of Independent Examintr's reptsrt An independent exafftination does not involve gathering all tlle evidence thai would be requTTed in an audit and con%equ¢nil>' does not cover all the matters thai an auditor ¢onsideTS in g>iving their opinion on the financial sratements. The planning and conduct of an audit goes beiond the liniit¢d asquraiile Iliat dn independeni examination can provide. Consequently. l express no opinion a5 to whell l er Il l e financial siat¢mcnts presenr a 'true and fair view. and my report is limiied to those specific matters sel out in the iRdependent examirter's.%iaiemeiii below. Independent Examiner'5 SlaterNeni I have completed m}, examinaiTon. and I conlirm ihai no material rnaiters hav¢ com¢ 10 niy attention in connection with the examination 8iving me cause to b¢lieve that in any material respect.. accounting Tecords were not kept in re5pe¢i ofthe Charity as required bv section 130 of tlle 2011 A¢t' or the financial statements do noi accord M"iih Ih05e r¢cords'. or the financial Slat¢ments do noi Lompl) 'Ith Ihe applicable i¢qiiireiiieiils Lonc¢ming the form dnd content of aceounrs set out in the Charities (Accounts and Reportsl R¢gJulaiions ?008 other IhaTi any requirement thai the accounis give a'true and fair, view which 15 not a maiter considered as part of an independent examinaiion. Mr SEtnja> Ravatia Adviee4ac¢ounts Ltd l O l A Mellon Road Leiee5ter LE4 6PN AA T License No 7489 OLJ
Shiee Svwaniinaiay3n T&iYpl& Charl No 516531 %lart date Annual accounts for the 0110112022 To 3111212022 Section A Statement of ftnancial activities (including summary income and expenditure account) eriod Pen(Klend date Rostrtcted incc¥ne funds Recommended categories by actlvlty Unrestricted lund5 End¢>wment funds Tolal lunds In¢ome (Notg 31 Prloryear funds F01 In¢omv and end¢)wmAttts from.. DonalioD$and Chamth ivrtios (htrading BL1Iv F02 F03 F04 F05 S01 66,745 5,862 21.596 S02 88.745 5.862 21.598 29,330 10,903 503 Separe wefiairtemdin S05 19,677 7,593 her Total Exp•ndlture (Note¥ 61 Expondft¢Tre on.. Don)ns SL $07 94,203 5.000 72,503 94.203 9,0 7.591 20,790 Support 10,997 6,668 16,572 ¢nBbDn64ndar$ Total Slo 20.790 S12 37.471 37,471 Net Incom{0XpendItUr9l before tax for the roportlng pe¢d Tax payaL40 Net incomgll•xp&nditurel after lax befo inveskn8nt gains111058e$l Nel 9ainsllknSs8$1 Dn ifjvestrnents S13 56,732 S14 5e,732 38,2e S15 56,732 $6,732 38.266 N•t incomellèxpenditurel Extraordinary items Transfers betweeft funds her recognised gain811108se$l: Gan5ard knsse¥ on nwaluBVon atsath$f¢rth ¢hBmy$vn u5fy ber9ainslllu$y•61 Alet mgvem•n¢ In funds 516 S17 56,732 S18 56,732 38,266 S19 S20 S21 S22 56,732 Roconeiliation 91 fvnds." 56.732 38,266 rotsl funds carrl•d forward S23 1,296,445 1353.777 S24 1,25e.179 1.353, 177
ec ion ance s ee Flxed assets (Ntsts 131 (Noio 141 P02 F14 Tangityi• assotB Fi 748,927 748.927 Iv•stPts IN010 171 749.284 Current a55ets .gZ 749.284 Invostmgnts cash èl )ank and In hand (Nots 241 Intr•gt fre¢ itsln TorcurromasJts 424 722 Credttor¥'. amrJnts t4llin9tlug thIn 547,161 Tol•lassots1oSS ¢urywJiits 547.161 Crldltors." amounts iilllty du•4rt•r Provisions for 1.296.445 Fund$ of the Charlty Eno4wrnnt funds (Notp 271 RqsirKtsd incom+fun{Nth 171 Unrostrict•d fund RlIV¥¢i0 rwlorve Fairw41uo f•MIv• 1.298 415 Tho TrJOrnbwsfrav•norY•quirndtll•comwrym ODEn kn a¢Conla W$Crn 471 Ofiho CompanhsAcl&RIO. Tho LIIYoctors ff¢rcOmyjryJthth rwiromenfs orth• Coft>wies Actlvlth wpqctrowvMn9focords•ndlfv8wPwrariLor 05•4Ccownts b•¥•b8enpYw•FBdinKcord4rtq wlihlh•provisJons Iic4w• $alic0 Pnnt Name e55 ocl ro th8sm8ll¢om SIGNATURE h/A CC17aiEx¢l 31noa
Sèction C Notes to the accounts Nots3 Income ft••trfcy UnrMtri¢t•d IncthTh Jndi fund• Ana1¥ of lThcom• fund TolalluDds Prioryo•r Donatlons 1•9xK91'. Donalrons ar¥J ifts Glft Aid Le acies Gtrneral grants provided by oovemrnenvoiher 66,745 86,745 Membership subscriptions and sponsorships which are in Substan donations Donaied otr oods. la1leS servi5 Total 66.745 e6.745 CharMabl• 41.924 5.862 Other Total 5.802 Other tradlng 21,596 olher Totsi 21.596 InGLy from InvothTrts.' lfjlere$i income VvJend income Rental and leasin Other Income Totsl Sfryratg matorf1 it•m of Incom Totsi Conversion of endowmefil funds IniD ¢¢me Other.. Gain on di8POS81 ol a taryible flxtd asset he lor Chan '$ ovm use Gain on disposal of a prograrnme relalerj investment Royalb from Ihe 6Woii8bon of Inloiiu•i ro (Xaer Total TOTAL INCOIIE Olher Inlormation.. All IrKomv Intho orY?ara$ unr¥¥t¢t•d eKcew Ipleaw d•4¢dpUcth 4nd amounts) Whorn•ny•ndowrn•nt fiJnd l• ¢cvertHd Into Income In the rèpwiin9 pertoo. ty•aègl¥•thi forthe tonv4vBbn. Where )y•ndowm•ntfund conv•rted Inio In¢orné knths prfor tsd. p19 9fv•th¢ forth• ¢on¥oTr10ts. th• InGomo herns ftbDve the lollowln9 Item#Jre rnalgrf&1.' Ipl•aie dliosèth• natyre, amountand Iny prior yeararnountsi CC17a (Ex) 3111012023
Section C Notes to the aceounts Note 6 Expendlture Iconll Thls yoar La&t ytai Analy81s E¥pÈnditur8 on raisin fund8'. Incurred seeking donations Donated Support C051 0ratIng membership schen$ and soo&1 lotteries Staging fundraising events Fudraisin9 agents Operatin9 charity shops Op?ralin9 a tradin9 company undertaking Adverti8iry, m8rkÈtin9, direct mail aThJ publicty Start UP COSt5 Incur In generating new source of fviure Incory Daièbase development costs Other trading activilres Investment msnagement msts Portfolio managament costs Cost of obtaining Investment adwi UnrMtrctsd endov4n>vnt lund fuTrd• Totalfvndi UTrr•6tr1ctsd ITr¢ Enrf¢nt fvndb nd* ToL•lfiJtld• 7.591 7.591 9.090 20.790 9.09) Inveslrnenl administration costs Inte1Ctual propety licencing cos15 Rent collection. property repair5 and mainienano charges Totsl gxwndlture on rai¥Sng fun 37.471 37.471 34,237 Exp8ndltui¢ on charitsblè a¢tlvltles'. 34,237 Ttstal •xp8ndlture on charllable actlvltle¥ S•parate matorfal Itèm of txpen¥e Total Other Total othere¥wndltu TOTAL EXPENDITURE 37.471 37.471 34.237 34.237 CC178 (Excdl 31110Q023
Section C Notes to the accounts Not8 9 Support Costs Please eompleio this note rfthe charftyhas anafysedlts expenses uslnga¢tl¥lty cate9orle$ and has stspport Costs. Th18 ye•r Raliin funds A¢tl¥ Support cost A¢tlvl Actfv Grand total Bal olallocauon Ternp Running cost 20,790 20.790 11)•s¢rfbg m•thodl Other rotal 20,790 20,790 La•t ythr Support cost exam le$ Ri8lng fuTras Actlvty 1 Acdvtty 2 Act4vlty 3 Grnnd totsl Ba818 of allo¢atlon {D¢r1 mgthodl Temp Running cost 16,572 16.572 Other Total 18.572 16,572 Ple8sepmvld• d•tsii$ of the a¢countlngpoll¢y •dopted ftfihe epportlonment of co$ts boh4f• aetlvltles andany •sJmatlon r•cbnlque¥ usod to ¢alculate thelrapportlonment. CC17a (Excdi 3111012023
Section C Note5 to the accounts Note 14 Yanglblg fixed assets Please complet¢ this nole ilihe charltyh8S 4Vny tanglblo Ilxed8•ts 14.1 Cost or valuation Icontl Frgohoid 14Thd & bulldin9> Other land & buildSn9¥ Mandir.idol¥ andK Fixtu. fitting$ and gqutpment Total Al the t*ginrTring of the year Additions Re¥8lualion$ OIsposai$ Transfers. At and of the year 721, 24,979 40,358 7PA343 72t.LK 24,979 40,358 14.2 Depr8Ctatlon 8n¢Y impairments SL or R8 Islraighl Line or ReduoTrJ B&nrel 786,343 SLorRB SLofR6 SLorRB SLorRB Al beginning of the year Di5pDsals 37,059 37,059 DeprerJalion lrnpairmenl Tr•nsfers' 357 357 Al 8j of the yoar 37,416 37,416 14.3 Net book valuw Net book value at the beginning of the ye8r Nel book value 8t the end ofth8 year 721,ry)6 24,979 3.299 749.284 721.OC6 24.979 2,942 748,927 CC17a IExGdl 3111012023
Section C Notes to the accounts Debtors and prepayments Pleas9 complete this noto if iho charity has any debtors orprepayments. Note 19 {contl 19.1 AnalyslB of debtors This year La8t year Trade debtors Prgpayments and accrued incomo Other debtors Total Complete 19.2 where a material debtoris r8¢ov¢rabla more than a y•arafter th• reportlng dat 19.2 Di8e108ure of debtor8 recoverable in more than 1 year {included in debtor8 01)ove) Thi8 year Last year Intr8st Free loan Prepayments and accrued Income Other debtors 122.439.0 122,439.0 Total CC17a IExcell 3111012023
Section C Notes to the accounts Nots 24 Cash at bank and in hand {contl Thi$ year Last year Short temi cash investments (less than 3 month8 maturity date) Short term deposits Cash at bank and on hand Other Total 481.811 419,408 CC17a (Excel} 3111012023