## **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|



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|Diwali 2023<br>1,349<br>Miscellaneous<br>Miscellaneous<br>4,113<br>Bad debts<br>233<br>**9,474**<br>**Operating profit/(loss)**<br>**3,029**<br>Balance brought forward<br>**4,153**<br>Income<br>12,503<br>Expense<br>(9,474)<br>**Balance carried forward**<br>**7,182**<br>**Cash and Bank balances as at 30 November 2023**|2,454|
|---|---|
||**12,503**|
|||



|Bank balance as at 30 Nov 2023<br>Cash in hand<br>**Balance carried forward**|**££**<br>5,808<br>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 

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