| Page | ||||
|---|---|---|---|---|
| Trustees' annual report |
||||
| Independent auditor's |
report to | the members | ||
| Statement of financial |
activities | |||
| Statement of financial |
position | |||
| Notes to the financial | statements | 10 | ||
| The following pages |
do not form part ofthe financial statements | |||
| Detailed statement of |
financial | activities | ||
| Notes to the detailed | statement | of financial | activities | 20 |
| Registered | Registered | charity | name | YOGI DIVINE SOCIETY (UK) | YOGI DIVINE SOCIETY (UK) | YOGI DIVINE SOCIETY (UK) | ||
|---|---|---|---|---|---|---|---|---|
| Charity | registration | number | 803601 | |||||
| Principal | office | Haridham Hindu Swaminarayan |
Temple | |||||
| 63Woodcock Hill |
||||||||
| Harrow | ||||||||
| HA3 OJH | ||||||||
| The trustees | ||||||||
| Satish Chatwani | ||||||||
| Prafulbhai Patel |
||||||||
| Jatin Shah | ||||||||
| Chirag Mehta | ||||||||
| Rekhav Patel | ||||||||
| Nayan Tank | ||||||||
| Jayesh Patel | ||||||||
| Vinay Chauhan | ||||||||
| Sureshbhai Patel |
||||||||
| Rajendra Patel |
||||||||
| Yogi Divine Society UK | Limited | (A | ||||||
| Company Limited |
by Guarantee) | |||||||
| Auditor | RMR Partnership | LLP | ||||||
| Chartered Accountants |
8 statutory | auditor | ||||||
| 3rd Floor, Vyman | House | |||||||
| 104College Road | ||||||||
| Harrow | ||||||||
| Middlesex | ||||||||
| HA1 1BQ |
| Year en | ded 31 July | 2020 | |||||
|---|---|---|---|---|---|---|---|
| 2020 | 2019 | ||||||
| Unrestricted | Restricted | ||||||
| funds | funds | Total funds | Total funds | ||||
| Note | |||||||
| Income and endowments | |||||||
| Donations and legacies |
4 | 522,908 | 47,583 | 570,491 | 657,101 | ||
| Investment income |
5 | 9,454 | 9,454 | 8,114 | |||
| Total income | 532,362 | 47,583 | 579,945 | 665,215 | |||
| Expenditure | |||||||
| Expenditure on charitable |
activities | 6 | 291,991 | 40,802 | 332,793 | 199,647 | |
| Other expenditure | 7 | 725 | |||||
| Total expenditure | 291,991 | 40,802 | 332,793 | 200,372 | |||
| Net income and net movement | in | funds | 240,371 | 6,781 | 247,152 | 464,843 | |
| Reconciliation of funds |
|||||||
| Total funds brought forward |
4,388,766 | 46,602 | 4,435,368 | 3,970,524 | |||
| Total funds carried forward | 4,629,137 | 53,383 | 4,682,520 | 4,435,368 |
| 31 | July 2020 | |||||
|---|---|---|---|---|---|---|
| 2020 | 2019 | |||||
| Note | ||||||
| Fixed assets | ||||||
| Tangible fixed assets | 12 | 2,897,660 | 2,840,170 | |||
| Current assets | ||||||
| Debtors | 13 | 7,305 | 5,675 | |||
| Investments | 14 | 9,845 | 9,845 | |||
| Cash at bank and in | hand | 1,770,531 | 1,598,154 | |||
| 1,787,681 | 1,613,674 | |||||
| Creditors: amounts | falling due | |||||
| within one year | 15 | 2,821 | 18,477 | |||
| Net current assets | 1,784,860 | 1,595,197 | ||||
| Total assets less current liabilities | 4,682,520 | 4,435,367 | ||||
| Net assets | 4,682,520 | 4,435,367 | ||||
| Funds ofthe charity | ||||||
| Restricted funds | 53,383 | 46,602 | ||||
| Unrestricted funds |
4,629,137 | 4,388,766 | ||||
| Total charity funds | 17 | 4,682,520 | 4,435,368 |
| Donations | and legacies | |||
|---|---|---|---|---|
| Unrestricted | Restricted | Total Funds | ||
| Funds | Funds | 2020 | ||
| Donations | ||||
| General Donations |
198,330 | 47,583 | 245,913 | |
| Aarti | 10,422 | 10,422 | ||
| Donations | - 10/20 Bhag | 311,382 | 311,382 | |
| Other Income | 182 | 182 |
| Unrestricted | Restricted | Total Funds | |||||||
|---|---|---|---|---|---|---|---|---|---|
| Funds | Funds | 2020 | |||||||
| Grants | |||||||||
| Furlough | Grant Received | 2,592 | 2,592 | ||||||
| 522,908 | 47,583 | 570„491 | |||||||
| Unrestricted | Restricted | Total Funds | |||||||
| Funds | Funds | 2019 | |||||||
| Donations | |||||||||
| General | Donations | 302,364 | 41,027 | 343,391 | |||||
| Aarti | 27,569 | 27,569 | |||||||
| Donations | - | 10/20 Bhag | 283,791 | 283,791 | |||||
| Other Income | 2,350 | 2,350 | |||||||
| Grants | |||||||||
| Furlough | Grant Received | ||||||||
| 616,074 | 41,027 | 657,101 | |||||||
| 5. | Investment | income | |||||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||||||
| Funds | 2020 | Funds | 2019 | ||||||
| Bank interest | 9454 | 9454 | 8,114 | 8,114 | |||||
| 6. | Expenditure | on charitable | activities | by fund type | |||||
| Unrestricted | Restricted | Total Funds | |||||||
| Funds | Funds | 2020 | |||||||
| E | |||||||||
| Charitable | activity | 152,859 | 36,742 | 189,601 | |||||
| Support | costs | 139,132 | 4,060 | 143,192 | |||||
| 291,991 | 40,802 | 332,793 | |||||||
| Unrestricted | Restricted | Total Funds | |||||||
| Funds | Funds | 2019 | |||||||
| Charitable | activity | 56,192 | 13,942 | 70,134 | |||||
| Support | costs | 128,845 | 667 | 129,513 | |||||
| 185,037 | 14,609 | 199,647 |
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Funds | 2020 | Funds | 2019 | ||||||
| P | |||||||||
| Loss on | disposal | of tangible | fixed | ||||||
| assets held for charity's | own | use | 725 | 725 | |||||
| 8. | Net income | ||||||||
| Net income is stated after charging/(crediting): | |||||||||
| 2020 | 2019 | ||||||||
| Depreciation of tangible |
fixed assets | 68,283 | 13,475 | ||||||
| Loss on | disposal | of tangible | fixed assets | 725 | |||||
| 9. | Auditors | remuneration | |||||||
| 2020 | 2019 | ||||||||
| P | |||||||||
| Fees payable for | the audit of | the financial | statements | 1,600 | 1,600 |
| Staff cos | ts | ||||
|---|---|---|---|---|---|
| The total | staff costs and | employee | benefits for the reporting | period are analysed as | follows: |
| 2020 | 2019 | ||||
| Wages and salaries | 25,027 | 14,547 | |||
| Employer | contributions | to pension | plans | 364 | 149 |
| 25,391 | I4,696 |
| Tangible fixed ass | ets | |||||
|---|---|---|---|---|---|---|
| Land and | Plant and | Fixtures and | Motor | |||
| buildings | machinery | fittings | vehicles | Equipment | Total | |
| Cost | ||||||
| At 1 Aug 2019 | 2,799,772 | 9,965 | 8,387 | 20,223 | 49,290 | 2,887,637 |
| Additions | 118,745 | 5,340 | 2,148 | 126,233 | ||
| Other movements | (460) | (460) | ||||
| At 31Jul 2020 | 2,918,517 | 9,965 | 13,727 | 20,223 | 50,978 | 3,013,410 |
| Depreciation | ||||||
| At 1 Aug 2019 | 3,971 | 3,692 | 8,934 | 30,870 | 47,467 | |
| Charge for the | ||||||
| year | 58,370 | 1,836 | 1,284 | 1,565 | 5,228 | 68,283 |
| At 31Jul 2020 | 58,370 | 5,807 | 4,976 | 10,499 | 36,098 | 115,750 |
| Carrying amount |
||||||
| At 31Jul 2020 | 2,860,147 | 4,158 | 8,751 | 9,724 | 14,880 | 2,897,660 |
| At 31 JUI 2019 | 2,799,772 | 5,994 | 4,695 | 11,289 | 18,420 | 2,840,170 |
| 13. | England 8 W Debtors |
ales, | which acts as a custodian trustee of |
the charity. |
|
|---|---|---|---|---|---|
| 2020 | 2019 | ||||
| Prepayments | and | accrued income | 6,096 | 5,412 | |
| Other debtors | 1,209 | 263 | |||
| 7,305 | 5,675 | ||||
| 14. | Investments | ||||
| 2020 | 2019 | ||||
| Other investments | - Gold Haar | 9,845 | 9,845 |
| 2020 | 2019 | ||
|---|---|---|---|
| Trade creditors | 771 | 2,694 | |
| Accruals and deferred | income | 1,600 | 1,600 |
| Social security and other taxes | 352 | 347 | |
| Other creditors | 98 | 13,836 | |
| 2,821 | 18,477 |
| At | ||||||
|---|---|---|---|---|---|---|
| 1 August 201 | At | |||||
| 9 | Income | Expenditure | 31 July 2020 | |||
| General funds | 4,388,766 | 532,362 | (291,991) | 4,629,137 | ||
| At | ||||||
| 1 August 201 | At | |||||
| 8 | Income | Expenditure | 31 July 2019 | |||
| General funds | 3,950,340 | 624,188 | (185,762) | 4,388,766 | ||
| Restricted | funds | |||||
| At | ||||||
| 1 August 201 | At | |||||
| 9 | Income | Expenditure | 31July 2020 | |||
| Restricted | fund | —Kitchen fund | 7,299 | 7,299 | ||
| Restricted | fund | - Hari nagar fund | 1,746 | 2,620 | (880) | 3,486 |
| Restricted | fund | - Camera fund | 1,704 | 1,704 | ||
| Restricted | fund | - East london sabha | ||||
| fund | 2,893 | 1,000 | 3,893 | |||
| Restricted | fund | - Benos fund account | 3,674 | 1,615 | (3,812) | 1,477 |
| Restricted | fund | - Bhulku fund | 51 | 51 |
| Restricted | fund | Bhajan mandal | fund | 556 | 556 | ||
|---|---|---|---|---|---|---|---|
| Restricted | fund | Kids drama fund | 106 | 106 | |||
| Restricted | fund | Training fund |
1,616 | 1,616 | |||
| Restricted | fund | South london fund |
1,575 | 5,071 | (3,650) | 2,996 | |
| Restricted | fund | Midland fund |
450 | (400) | 50 | ||
| Restricted | fund | Santo ticket fund | 7,041 | 4,500 | (4,060) | 7,481 | |
| Restricted | fund | Cleaning fund |
891 | 39 | 930 | ||
| Restricted | fund | Ode mandir seva | 17,000 | 11,183 | (28,000) | 183 | |
| Restricted | fund | Haridham thaal |
fund | 21,555 | 21,555 | ||
| 46,602 | 47,583 | (40,802) | 53,383 | ||||
| At | |||||||
| 1 August 201 | At | ||||||
| 8 | Income | Expenditure | 31 July 2019 | ||||
| Restricted | fund | - Kitchen fund | 5,848 | 1,451 | 7,299, | ||
| Restricted | fund | - Hari nagar fund | 891 | 1,175 | (320) | 1,746 | |
| Restricted | fund | - Camera fund | 1,808 | (104) | 1,704 | ||
| Restricted | fund | - East london sabha | |||||
| fund | 351 | 2,542 | 2,893 | ||||
| Restricted | fund | - Benos fund account | 5,183 | 4,253 | (5,762) | 3,674 | |
| Restricted | fund | - Bhulku fund |
51 | 51 | |||
| Restricted | fund | - Bhajan mandal | fund | 556 | 556 | ||
| Restricted | fund | - Kids drama fund |
106 | 106 | |||
| Restricted | fund | - Training fund |
1,141 | 475 | 1,616 | ||
| Restricted | fund | - South london fund |
1,195 | 2,840 | (2,460) | 1,575 | |
| Restricted | fund | —Midland fund |
450 | 400 | (400) | 450 | |
| Restricted | fund | - Santo ticket fund | 2,604 | 5,000 | (563) | 7,041 | |
| Restricted | fund | - Cleaning fund |
891 | 891 | |||
| Restricted | fund | - Ode mandir seva | 22,000 | (5,000) | 17,000 | ||
| Restricted | fund | - Haridham thaal |
fund | ||||
| 20,184 | 41,027 | (14,609) | 46,602 |
| 2020 | 2019 | |||||
|---|---|---|---|---|---|---|
| F | ||||||
| Income and endowments | ||||||
| Donations and legacies |
||||||
| General Donations |
245,913 | 343,391 | ||||
| Aarti | 10,422 | 27,569 | ||||
| Donations —10/20 |
Bhag | 311,382 | 283,791 | |||
| Other Income | 182 | 2,350 | ||||
| Furlough Grant Received |
2,592 | |||||
| 570,491 | 657,101 | |||||
| Investment income |
||||||
| Bank interest | 9,454 | 8,114 | ||||
| Total income | 579,945 | 665,215 | ||||
| Expenditure | ||||||
| Expenditure on charitable |
activities | |||||
| Wages and salaries | 25,027 | 14,547 | ||||
| Pension costs | 364 | 149 | ||||
| Rent | 6,982 | 7,578 | ||||
| Light and heat | 12,567 | 16,487 | ||||
| Repairs and maintenance | 13,371 | 15,070 | ||||
| Insurance | 3,375 | 3,035 | ||||
| Other establishment | 5,567 | 7,228 | ||||
| Other motor/travel | costs | 5,788 | 29,400 | |||
| Legal and professional | fees | 4,253 | 4,702 | |||
| Telephone | 1,473 | 1,594 | ||||
| Other office costs | 3,989 | 6,130 | ||||
| Depreciation | 68,283 | 13,476 | ||||
| Local project | 1,244 | 14,869 | ||||
| Fund raising expense | 4,638 | 8,477 | ||||
| Donations | 160,519 | 11,788 | ||||
| Kitchen and accommodation | 12,119 | 42,351 | ||||
| Bank Charges | 2,542 | 2,766 | ||||
| Subscription | 692 | |||||
| 332,793 | 199,647 | |||||
| Other expenditure | ||||||
| Loss on disposal | of tangible | fixed assets held for charity's | own use | 725 | ||
| Total expenditure | 332,793 | 200,372 | ||||
| Net income | 247,152 | 464,843 |
| Year e | nde | d 31 July 2020 | |||
|---|---|---|---|---|---|
| 2020 | 2019 | ||||
| Expenditure on charitable activities |
|||||
| Charitable activity |
|||||
| Activities undertaken directly |
|||||
| Direct charitable activity - Hire charges |
6,982 | 7,578 | |||
| Direct charitable activity - Function expenses |
5,567 | 7,228 | |||
| Direct charitable activity - Local project |
295 | 14,571 | |||
| Direct charitable activity - Fund raising expense |
4,638 | 1,306 | |||
| Direct charitable activity - Donations |
160,000 | 11,788 | |||
| Direct charitable activity - Kitchen Expenses |
12,119 | 27,663 | |||
| 189,601 | 70,134 | ||||
| Activity type 28 | |||||
| Support costs | |||||
| Support charitable | activity - wages/salaries | 25,027 | 14,547 | ||
| Support charitable | activity - pension costs | 364 | 149 | ||
| Support charitable | activity - light 8 heat | 12,567 | 16,487 | ||
| Support charitable | activity - repairs & maintenance |
13,371 | 15,070 | ||
| Support charitable | activity - insurance | 3,375 | 3,035 | ||
| Support charitable | activity - other motor/travel | costs | 5,788 | 29,400 | |
| Support charitable | activity - telephone | 1,473 | 1,594 | ||
| Support charitable | activity - printing, postage |
and | stationery | 3,989 | 6,130 |
| Support charitable | activity - depreciation | 68,283 | 13,476 | ||
| Support charitable | activity - cleaning | 949 | 298 | ||
| Support charitable | activity - advertising | 7,171 | |||
| Support charitable | activity - computer expenses | 519 | |||
| Support charitable | activity - accommodation | expenses | 14,688 | ||
| Support charitable | activity - bank charges | 2,542 | 2,766 | ||
| Support charitable | activity - subscription | 692 | |||
| 138,939 | 124,811 | ||||
| Governance costs | |||||
| Governance costs |
- audit remuneration | 1,600 | 1,600 | ||
| Governance costs |
- legal and other professional | fees | 2,653 | 3,102 | |
| 4,253 | 4,702 | ||||
| Expenditure on charitable activities |
332,793 | 199,647 |