|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|
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|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|
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|Recei t and|a|ent account|ent account||||||
|---|---|---|---|---|---|---|---|---|
|for the
r ended||31March 2023|||||||
||||||Unrestricted
funds|Restricted
funds|Total|Total|
|||||Note|f||||
|Continued;|||||||||
|Other expenditure|||||||||
|Purchase of|Investment||property|3|186,099|-|186,099||
|Purchase of|Bxed|assets|||1/48||1748|540|
|Loans repaid|||||30,000||30,000||
||||||217447|-|217347|540|
||||||279,807||279,807|20,656|
||||||||(192,955)|200,618|
|Cash and Bank Balances|||as||||||
|at 31 March 2022|||||||230,757|30,139|
|at 31March 2023|||||||37,802|230,757|
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|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|
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|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|||||
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|||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|
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|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|
|Analysis of|Analysis of|net assets between|net assets between|funds|||||
|---|---|---|---|---|---|---|---|---|
||||Tangible|||Net|Creditors due|Total|
||||Fixed||Investment|Current|more one||
|Unrestricted||Funds:|Assets||property|Assets|year
f||
|General Purpose Fund||||||43,927||43,927|
|Building Fund||||962,534|186,099||(100,000)|1,048,633|
|Restricted|Funds:|||242||||242|
|||||962,776|186,099|43,927|100,000)|1,092,802|
|Restricted|funds||||||||
||||||Balance|Income|Expenses|Balance|
||||||01.04.22|||31.03.23|
||||||f|||f|
|Impact Plus||Capital Grant Scheme (a)|||149||37|112|
|Community||Building Grant (b)|||174||44|130|
||||||323||81|242|
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|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|
|Debtors|and prepayments|and prepayments||2023|2022|
|---|---|---|---|---|---|
|||||f||
|Debtors||||2,408|105|
|Gilt Aid recoverable||||13,439||
|Prepayments||||842|450|
|||||16,689|555|
|Creditors|and accraals|||2023|2022|
||||||f,|
|Creditors|and accruals|||7,094|42,568|
|Deferred|income|||3,470|460|
|||||10,564|43,028|
|Deferred|income|||||
|||||2023|2022|
|Balance brought||forward||460||
|Included|as income for the||year|(460)||
|Income received||inadvance|for|||
|the year 2023/24||||3,470|460|
|Balance brought||forward||3,470|460|
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|||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|
##
|Staff Costs|||
|---|---|---|
||Year ended|Year ended|
||31March 2023|31March 2022|
|||f|
|StaffCosts|||
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|Mem
rname|Interest &ee
I—
'|
|---|---|
|H N Patel|25,000|
|C Patel|10,000|
|Sudhaben &Family|10,000|
|Dr H V Shah|25,000|
|H G Patel|5,000|
|N H Patel|5,000|
|Dr H and Mrs K Mehtha|5,000|
|Kuber Services|5,000|
|Dr SAhuja|10,000|
||100,000|