SUDARSHANAM-NI Annual Finance Report
December 2022 – November-2023
REPORT OF THE TRUSTEES FOR THE ABOVE DURATION
The trustees are pleased to submit the report and accounts for Sudarshanam Hindu Samajam during the period December 2022 to November 2023.
Name, address and Constitution of the charity
Charity Name: Sudarshanam NI Hindu Malayalee Samajam Charity Number: 104670
Address: 331,Spectrum Centre, Shankill Road,BT13 3AA
Structure, Governance and Management
Sudarshanam NI Hindu Malayalee Samajam is a voluntary charity organisation formed in October 2014 whose main objective is to bridge the cultural gap between Indian and Northern Ireland Culture, thereby providing an integrated welcoming environment where communities come together to educate, spread awareness and celebrate their festivals and traditions.
Sudarshanam Hindu Samajam provides a common platform for communities to come together, comprehend, celebrate and promote the eternal truth and teachings of Indian culture. The liability of its members is limited in that every member of the organisation undertakes to contribute an amount not exceeding £10 as a monthly subscription towards the rent for weekly get-together.
Income and expenditure
Sudarshanam holds no assets nor has any liabilities to any other parties.
Income and expenditure account for the period from Dec 2022 to Nov 2023
| Expenses | ££ | Income | ££ |
|---|---|---|---|
| New Year 2022 | 963 | Monthly Subscription | 6,040 |
| Vishu 2023 | 1,589 | Cancer Charity Event | 292 |
| Sports Day 2023 | 451 | Gross Income from Vishu | 1,405 |
| Onam 2023 | 777 | Grants from Belfast City Council | 1,800 |
Internal
| Diwali 2023 1,349 Miscellaneous Miscellaneous 4,113 Bad debts 233 9,474 Operating profit/(loss) 3,029 Balance brought forward 4,153 Income 12,503 Expense (9,474) Balance carried forward 7,182 Cash and Bank balances as at 30 November 2023 |
2,454 |
|---|---|
| 12,503 | |
| Bank balance as at 30 Nov 2023 Cash in hand Balance carried forward |
££ 5,808 1,374 |
|---|---|
| **7,182 ** |
Total income for the period December 2022 to November 2023 is £12,503.
Total expenditure the period December 2022 to November 2023 is (£9,474).
Expenditure was in respect of various cultural activities, inviting local communities, awards & gifts (54%) and administrative expenses (46%).
Income against expenditure
There was an operating profit of £3,029.
Cash in hand as at 30 November 2023 Cash in hand is £1,374.
Balance as at 30 November 2023
Balance carried forward is £7,182.
Signed by: Vidhya Ponulli (Finance Co-ordinator)
Dated:28[th] Jan 2024
Internal