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2021-03-31-accounts

Index to the Financial
Statements
for the
ear ended 31March 2021
Page
General Information
Report ofthe Management
committee		 2-8
Independent
Examiners Report		 9-10
Receipts and Payment
Account		 11-12
Income and Expenditure
Account		 13
Statement ofAssets and Liabilities 14
Notes to the financial statements 15-21

for the
ear ended 31M		 arch 2021
2020
Unrestricted
funds		 Restricted
funds		 Total Total
Note
Incntni@JInceillis, .
Donations Received
Donations 13,602 13,602 55,608
Receipt from chairs disposed of 260
Income from charitable activities
Hall Hire Income 200 200 1,961
Membership
Fees		 6,680 6,680 9,956
Incoming
from trading activities
Sale ofdry goods 1,974 1,974
22,456 22,456 67,785
Raising funds
Cost ofdry goods 1,766 1,766
Charitable
activities
Diwali, Katha etc. function costs 90 90 6,793
Repairs/Maintenance/Improvements
ofthe hall 3,522 3,522 5,753
Lighting
and heating costs		 3,889 3,889 5,349
Rates and water charges 461 461 965
Donations &Subscriptions 150 150 1,053
Food cost 159 159 2,344
Insurance 2,700 2,700 2,676
Telephone 878 878 762
Housekeeping
costs		 492 492
Professional
fees		 100
Bank Charges k, Interest 122 122 168
12,463 12,463 25,963
Recei t and a ment account
for the
ear		 ended 31March 2021
2020
Unrestricted
funds		 Restricted
funds		 Total Total
Note
Continued;
Other expenditure
Members
loans repaid		 50,000
50,000
14,229 14,229 75,963
8,227 (8,178)
Cash and Bank Balances as
at 31March 2020 21,912 30,090
at 31March 2021 30,139 21,912

for the
ear ended 31		 M arch 2021 Unrestricted Funds Unrestricted Funds Restricted Funds Total Year ended
Undesignated Designated 31.3.2020
Note 8 g K g
Incoming resources
Income from donations
Donations Received 54,417 54,417 55,608
Surplus on sale ofchairs 241
Income from charitable activities
Hall Hire Income 200 200 1,661
Membership
Fees		 9.930 9.930 9,956
Incomiag from trading activities
Sale ofdry goods 1,974 1,974
Total Incoming resources 66,521 66.521 67,466
Resources expended
on:
Raising funds
Cost ofdry goods 1.766 1,766
Charitable
activities
Diwali, Katha etc. function costs 259 259 7,855
Repairs/Maintenance/Improvements of the
hall 3,315 3,315 5,357
Lighting
and heating costs		 4,594 4,594 5,239
Rates and water charges 341 341 1, 1ti5
Donations
&,Subscriptions		 150 150 1,053
Food cost 2,344
Insurance 2,695 2,695 2.662
Telephone 878 878 762
Housekeeping
costs		 492 492
Professional
fees		 100
Bank Charges &Interest 122 122 169
Depreciation-
Furniture		 dt Fixtures 1,180 146 1,326 1,774
14,026 146 14,172 28,480
Total Resourses Expended 15,792 146 15,938 28,480
Net income/(outgoing)
resources before transfers		 50,729 (146) 50,583 38,986
Gross transfers
between		 funds 1,180 1.180
Nct movement
in funds		 51,909 (1,180) (146) 50,583 38.986
Reconci Iiation offunds
Total funds brought
forward		 20,009 962,324 577 982.910 943,924
Total funds carried forward 71,918 961,144 431 1,033.493 982,910

Statement ofAssets and Liabilities Liabilities Liabilities Liabilities
as at 31March 2021
Note 2021 2020
FIXEDASSKTSi
Freehold property 904,528 904,528
Improvements
to property		 53,071 53,071
Fixtures and fittings 3,976 961,575 5,302 962,901
CURRENT ASSETS:
Debtors &Prepayments 44,514 445
Bank Current Account 30,139 21,912
74,653 22,357
CURRENT LIABILITIES
Creditors &Accruals 2,735 2,348
NET CURRENT ASSETS 71,918 20,009
TOTAL ASSETSLESS
CURRENT LIABILITIES: 1,033,493 982,910
NET ASSETS 1,033,493 982,910
Funds ofthe Charity:
Unrestricted
Funds
Balance brought
forward		 20,009 29,626
Add: Surplus ofincome over
expenditure 51,909 39,178
Transfer ofdepreciation and assets to
designated
and restricted		 funds 1,205
Less Building loan repayments to
members -50,000
71,918 20,009
Designated
funds: Building		 962,324 963,529
Less depreciation
charge		 for the year -1,180 -1,582
Add fixed assets purchased in year 396
Less Fixed assets sold in year -19
961,144 962,324
Restricted Funds 4
BaLance carried forward 577 769
Defecit ofexpenditure
over		 income ]46 -192
Balance carried forward 431 577
TOTALFUNDS 9 1,033,493 982,910
Approved
by the Board ofTrustees on		 and signed an behalf by
Mr V C Patel (President)
Mrs V H Patel (Secretary)

Freehold Improvement Fixtures
dr		 Total
property to property fittings
g
COST:
At 1 April 2020 904,528 53,071 26,279 983,878
At 31 March 2021 904,528 53,071 26,279 983,878
DEPRECIATION:
At 1 April 2020 20,977 20,977
Depreciation Charge 1,326 1,326
At 31 March 2021 22,303 22,303
NET BOOK VALUE:
At 31March 2021 904,528 53,071 3,976 961,575
At 31 March 2020 904,528 53,071 5,302 962,901

Analysis ofn et assets between
funds
Tangible Net Total
Fixed Current
Unrestricted Funds: Assets Assets
General Purpose Fund 8
Building Fund 71,918 71,918
961,144 961,144
Restricted Funds: 431 431
961,575 71,918 1,033,493

Balance Income Expenses Balance
01,04.20 31.03.21
g
Impact Plus Capital Grant Scheme (a) 267 68 199
Community Building Grant (b) 310 78 232
577 146 431

Donations received
Donations received/receivable is analysed as follows:
unrestricted unrestricted
funds fullds
2021 2020
8
General Donations 14,976 52,076
Temple BoxCollections 600 3,532
Donations received 15,576 55,608
Gift Aid to receive c/f 40,814
Total donation
income		 56,391 55,608

7 Debtors and prepayments 2021 2020
Subscriptions due 3,250
Gift Aid recoverable 40,814
Prepayments 450 445
44,514 445
8 Creditors and accruals 2021 2020
8
Creditors
and		 accruals 2,735 2,348
2,735 2,348
9 Analysis ofFunds
Opening Surplus/(Deficit) for Transfer between Closing
Balance the year funds Balance
f. f,
Unrestricted 20,009 50,729 1,180 71,918
Designated 962,324 -1,180 961,144
Restricted funds 577 -146 431
982,910 50,583 1,033,493