2023-03-31-accounts - Sanatan Dharma Mandal And Hindu Community Centre

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Index t	the Fina cial Statements
for the	ear ended 31March 2023
		Page
General	Information
Report	ofthe Trustees committee	2-7
Independent Examiners Report		8-9
Receipts	and Payment Account	10-11
Income	and Expenditure Account	12
Statement ofAssets and Liabilities		13
Notes to	the financial statements	14-22

Recei t and a ent acc unt	Recei t and a ent acc unt
for tbe ear ended 31March 2023
			Unrestricted funds	Restricted funds	Total	Total
		Note
Inugtiga3hXCiufg;
Donations Received
Donations		5	47,503		47,503	87,514
Loans received			10,000		10,000	120,000
Income from charitable	activities
Hall Hire Income			2,742		2,742	1,105
Membership Fees			9,715		9,715	9,325
Investment Income			11,000		11,000
Incoming from trading	activities
Jumble sale			192		192
Sale ofdry goods			5,700		5,700	3,330
ISH~JZLi			86,852		86,852	221/74
Raising fends
Cost ofdry goods			3,100		3,100	3,921
Charitable activities
Diwali, Katha etc. function costs			2,815		2,815	150
Repairs/Maintenance/Improvements
ofthe hall			41,609		41,609	1,796
Lighting and heating costs			4,909		4,909	5,696
Rates and water charges			2,441		2,441	586
Donations &Subscriptions			334		334	101
Food cost			2,789		2,789	2456
Insurance and licences			2,887		2,887	2,869
Telephone			709		709	741
Sundries
Tralllmg			200		200
Advertising			250		250	250
Housekeeping costs			478		478	1,308
Professional fees			269		269	300
Bank Charges &Interest			208		208	142
			59460		59460	16,195

AND HIND OM '	AND HIND OM '
Statement cial		Activiti
cindia ln and	Ex		a	i		punt	an
Statem ut r ised			ain	u	Lo
for th r ed 31	Mar		h					Unrestricted	Fands	Unrestricted		Fuads	Restricted Funds	Total	Year ended
								Uadmi	ated	Des'	noted				312.2022
							Note	8						f
Incomiag resources
lacome from donations
Donations Received									60,943					60,943	46,700
lacome from charitable		activities
Hall Hire Income									2,742					2,742	1,105
Membership Fees									10,110					10,110	5,720
Investmeat income									9,898					9,898
I scorning from trading	activities
Jumble sale									192					192
Sale ofdty goods									5,700					5,700	3330
Total Incoming resources									89,585					89,585	56,855
Resources expended on:
Raising fauds
Cost ofdty goods															2.849
Charitable activities
Diwali, Katha etc. functicm costs Repairs/Maintenance/Improvements					of	the			2,815					2,815	150
hall Roofrepairs expeaditure	over		provision						2,364 (2,755)					2,364 (2,755)	1,704 42,000
Lighting and heating costs									6,429					6,429	4,663
Rates and water charges									2,441					2,441	616
Donations 41Subscriptions									334					334	101
Food cost									2,789					2,789	2256
Insurance and licences									2,882					2,882	2,869
Telephone									709					709	741
Tramlllg									200					200
Advertis'mg									250					250	250
Housekeeping costs									478					478	1,308
Professional fees									(2'/5)					(275)	300
Bank Charges /k Interest									215					215	142
Depreciation												1385	81	I 466	994
Total Rmourses Expended									18,876 24,722			1,385 1/85	81 81	20342 26,188	58,094 60,943
Nta (outgoing)/mcoming	resources			before transfers					64,863			(1,385)	(81)	63,397	(4,088)
Gross transfers between funds								(89220				89~0
Nct movement in funds Reconcr/amon offunds								(24,357)				87,835	(81)	63,397	(4,088)
Total funds brought forward								68,284			960,798		323	1,029,405	1,037,581
Total fands carried forward								43,927			1,048,633		242	1,092,802	1,033,493

Statemeat ofAs		i abilities	i abilities
M 31M
		Note				2023		2022
FIXEDASSETS:
Tangible assets						962,776	961,121
Investment property						186,099
						13148,875		961,121
CURRENT ASSETS:
Debtors &Prepayments						16,689	555
Bank Current Account						37,802	230,757
						54,491	231,312
CURRENT LIABILITIES
Creditors &Accruals			8			10,564	43,028
NET CURRENT ASSETS						43,927		188.284
TOTAL ASSETSLESS
CURRENT LIABILITIES:						1,192,802		1,149,405
CREDITORS
Amounts falling duc after	more
than one year		11				(100,000)		(120,000)
NET ASSETS						1,092,802		1,029,405
Fonda ofthe Charity:
Unrestricted Funds
Balance brought forward						68284	71.918
Add: Surplus ofincome over expenditure						(24,357)	~3,634)
						43,927		68M)84
Designated funds: Building						9603798	961,144
Building fund movement	in year					87,835	(346)
						1,048.633		960,798
Restricted Funds		5
Balance canied forward						323	431
(Deficit) ofincome over expenditure						(81)	(108)
Balance carried forward						242		323
TOTAL FUNDS		9				1,092,802		1,029,405
Approved by the Board ofTrustees			on	v	l	2023 and signed on behalf by:
Mr V C Patel (President)
Mrs V H Patel (Secretary)
The notes form part ofthese		financial		statements

		Freehold	Improvement	Fixtures 4k	Total
		property	to property f	fittings f
COST:
At I April 2022		904,528	53,071	26,819	984,418
Additions				3,121	3,121
At 31March	2023	904.528	53,071	29,940	987,539
DEPRECIATION:
At 1 April 2022				23297	23,297
Depreciation	Charge			1,466	1,466
At 31March	2023			24,763	24,763
NET BOOK	VALUE:
At 31March	2023	904,528	53,071	5,177	962,776
At 31March	2022	904,528	53,071	3,522	961,121

Fair Value
Additions		186,099
As at 31 March 2023		186,099
NET BOOK VALUE
As at 31March 2023		186,099
As at 31 March 2022
Fair value as 31March 2023 is represented	by
Cost		186,099

Donations received
Donations received/receivable	is analysed	as follows:
	unrestricted		unrestricted
	funds		funds
	2023		2022
General donations		45,329	36,048
Building fund donations			8,401
Gifi Aid received			40,814
Temple Boxcollections		2,175	2/51
Donations received		47,503	87,514
Gift Aid to receive c/f		13,439
Total donation income		60,942	87,514

		Opening	Surplus /Defecit)	Transfer	between	Closing
		Balance	for the year	funds		Balance
Unrestricted		68,284	64,863		(89,220)	43,927
Designated		960,798	(1,385)		89,220	1,048,633
Restricted	funds	323	(81)			242
		1,029,405	63,397			1,092,802