REGISTERED CHARITY NUMBER.. 005370 Report of the Trustees and Unaudited Financial Statements for the Year Ended 31 March 2025 for The Hindu Mandir The Kelvin Partnership Ltd Chartered Accountants The Cooper BuildÉng 505 Great Western Road Glasgow G12 8HN
The Hindu Mandir Contents of the Financial Statements for the Year Ended 31 March 2025 Page Report of the Trustees Independent Examiner's Report Statement of Financial Activities Balance Sheet Notes to the Financial Statements 6 to 11 Detailed Statement of Financlal Activities 12 to 13
The Hindu M2ndir Report of the Trustees for the Year Ended 31 March 2025 The trustees present their report with the financial statements of the charity for the year ended 31 March 2025. The trustees have adopted the provtsions of Accounting and Reporting by Cliarities.. Statement of Recoinmended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS I02) (effective l January 2019). OBJECTIVES AND ACTIVITIES Objectives and aims The objectives of the organisation are to promote Hindu Religion and Hindu Culture by providtng a place of worship. ACHIEVEMENT AND PERFORMANCE Charitable activities During the year, the charity successfully organised religious activities and ceremonies according to Hindu religion time table. Charity also organise religion awareness sessions along with other religious bodies and school children. During the year, the charity successfully organiscd religious activities and ceremonies according to Hindu religion time table. Charity also organise religion awareness s¢ssion5 along with other religious bodies and school children. FINANCIAL REVIEW Reserves policy As a result of the surplus of £88,904 for the year. the charity held unrestricted reserves of £1,157,922 (2024 £1,069,018) FUTURE PLANS To keep up the existing work and try to finish restoration work while organising the religious ceremonies. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The organisation was established by constitution and has been recognised as charity by H M Revenue& Customs. REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number 005370 Principal address l La Belle Place GLASGOW G3 7LH Page I
The Hindu Mandir Report of the Trustees for the Year Ended 31 March 2025 Committee Members Independent xaminer The Kelvin Partnership Ltd Chartered Accountants The Coopei Building 505 Great Western Road Glasgow 9 July 2025 and signed on its behalf by.. Trustee Page 2
Inq]ep¢ndent ExaMAner's Report to the Trustees of The Hindu M2ndir I report on tl)e accounts for the year ended 31 March 2025 set out on pages four to eleven. Respective responsibilities of trustees and examiner The charity's trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended). The charity's trustees consider that the audit requirement of Regulation l O(1 )(a) to (c) of the Accounts Regulations does not apply. It is my responsibility to examine the accounts as required under Section 44(1)(c) of the Act and to stat¢ whether particular matters have come to my attention. Basis of the independent examiner'5 report My examination was carried out in accordai)ce with Regulation I l of the Charities Accounts (Scotland) Regulations 2006. An examination includes a review of the accounting records kept by the charity and a compaTison of the accounts presented with those records. Il also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts. Independent examiner's statement In Coniiection witli tny examination. no tnattcr has corne to my attention . (l) which give5 rne reasonable cause to believe that, in any material respect, the requirements to keep accouiiting records in accordance with Section 44(1)(a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations; and to pr¢pare accounts which accord with the accounting records and lo comply with Regulation 8 of the 2006 Accounts Regulations have not been met. or (2) to which, in my opiiiion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. The Institute of Chartered Accountants of Scotland The Kelvin Partnership Ltd Chartered Accoiintants The Cooper Building 505 Great Western Road Glasgow G128HN 29 July 2025 Page 3
The Hindu Mandir Statement of Financial Activities for the Year Ended 31 March 2025 31.3.25 Unrestricted funds 31.3.24 Total funds Notes INCOME AND ENDOWMENTS FROM Donations and legacies 223,260 196,353 Other income 29,772 19,955 Total 253,032 216,308 EXPENDITURE ON Raising funds Charitable activities Direct charitable activities 164,128 138,927 Total 164,128 138,936 NET INCOME 88,904 77.372 RECONCILIATION OF FUNDS Total funds brought forward 1.069,018 991,646 TOTAL FUNDS CARRIED FORWARD 1,157,922 1,069,018 The notes form part of these financial statements Page 4
The Hindu Mandir Balance Sheet 31 March 2025 31.3.25 Unrestricted funds 31.3.24 Total funds Notes FIXED ASSETS Tangible assets Inveslments 356,007 70,000 357,234 70,000 426.007 427,234 CURRENT ASSETS Debtors Cash at bank and in hand 10 5,700 735,644 9,000 642,540 741,344 651,540 CREDITORS Amounts falling due within one year (9,429) (9.756) NET CURRENT ASSETS 731,915 641,784 TOTAL ASSETS LESS CURRENT LIABILITIES 1,157,922 1.069,018 NET ASSETS 1,157,922 1,069,018 FUNDS Unrestricted funds 12 1,157,922 1,069,018 TOTAL FUNDS 1,157,922 1.069,018 d by th¢ Board of Trustees and authoriscd for issuc on 29 July 2025 and were rrustee The notes form part of these financial statements Pag¢ 5
The Hindu Mandir Notes to the Financial Statements for the Year Ended 31 March 2025 ACCOUNTING POLICIES Basis of preparing the financial statements The financial stateinents of the charity, wliicli is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by CharTties', Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019),, Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Charilies and Trustee Investment (Scotland) Act 2005. The financial statements have been prepared under the liistorical cost convention, with the exception of investments which are included at market value. Income All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. Expenditure Liabillties are recognised as expenditure as soon as there is a legal or constructive obligation committing th¢ charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. Tangible fixed assets Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Fixtures and fittings I 00/0 on cost Taxation The charity is exempt from tax on its charitable activities. Fund accounting Unrestricted funds can be used in accordance with the charitable objectives at th¢ discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further ¢xplanation of the nature and purpose of each fund is included in the notes to the financial statements. Page 6 continued...
The Hindu Mandir Notes to the Finaneial Statements - continued for the Year Ended 31 March 2025 DONATIONS AND LEGACIES 31.3.25 31.3.24 Donations Gift aid tax recovered 200,982 22,278 173,898 22,455 223,260 196,353 CHARITABLE ACTIVITIES COSTS Direct Costs (see note 4) Support costs Totals Direct charitable activities 157,319 6,809 164,128 DIRECT COSTS OF CHARITABLE ACTIVITIES 31.3.25 31.3.24 Staff costs Rates and wat¢r Insurance Light and heat Telephoiie Sundries Repairs and renewals Cleaning Donations - priests Food expenses Travel Depreciation Donations paid Event expenses Rent 40,806 1,690 23,527 46,817 1,245 2,217 20,010 9,569 1,050 4,621 ,140 1.227 2,100 800 500 41,075 1,771 18,824 37,678 1,125 1,005 14,327 8,616 6,550 3.610 550 1.227 172 573 157,319 137,103 Page 7 continu¢d...
The Hindu Mandir Notes to the Financial Statements - continued for the Year Ended 31 March 2025 TRUSTEES, REMUNERATION AND BENEFITS There were no trustees, remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 Marcli 2024. Trustees, expenses There were no trustees, expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024. STAFF COSTS The average monthly number of employees during the year was as follows: 31.3.25 31.3.24 Mandir No employees received emoluments in excess of £60,000. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted funds INCOME AND ENDOWMENTS FROM Donations and legacies 196,353 Other income 19,955 Total 216,308 EXPENDITURE ON Raising funds Charitable activities Direct charitable activities 138,927 Total 138,936 NET INCOME 77,372 RECONCILIATION OF FUNDS Total funds brought forward 991,646 Page 8 continued...
The Hindu Mandir Notes to the Financial Statements - continued for the Year Ended 31 March 2025 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES- continued Unrestricted funds TOTAL FUNDS CARRIED FORWARD 1,069,018 TANGIBLE FIXED ASSETS Fixtures and fittings Freehold property Totals COST At l April 2024 and 31 March 2025 350,886 104,538 455.424 DEPRECIATION At l April 2024 Charge for year 98,190 1.227 98.190 1,227 At 31 March 2025 99,417 99,417 NET BOOK VALUE At 31 March 2025 350,886 5,121 356,007 At 31 March 2024 350,886 6,348 357,234 FIXED ASSET INVESTMENTS List¢d investments MARKET VALUE At l April 2024 and 31 March 2025 70,000 NET BOOK VALUE At 31 March 2025 70,000 At 31 March 2024 70,000 There were no investment assets outside the UK. At 31 March 2025, the market value was £128,505. Page 9 continued...
The Hindu Mandir Notes to the Financial Statements - continued for the Year Ended 31 March 2025 10. DEBTORS: AMOUNTS FALLING DUE WITHIN OINE YEAR 31.3.25 31.3.24 Other debtors 5,700 9,000 11. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.3.25 31.3.24 Taxation and social security Other creditors 508 8,921 596 9,160 9,429 9,756 12. MOVEMENT IN FUNDS Net movement in funds At 31.3.25 At 1.4.24 UJJrestricted funds G¢neral fund 1,069,018 88.904 1,157,922 TOTAL FUNDS 1,069,018 88,904 1,157,922 Net movement in funds, included in the above are as follows: Incoming resources Resources expended Movement in funds Unrestricted funds General fund 253.032 (164,128) 88,904 TOTAL FUNDS 253,032 (164,128) 88,904 Page 10 continued..
The Hindu Mandir Notes to the Financial Statements - continued for the Year Ended 31 March 2025 12. MOVEMENT IN FUNDS - Continued Comparatives for movement in funds Net movement in funds At 31.3.24 At 1.4.23 Unrestricted funds General fund 991,646 77,372 1,069,018 TOTAL FUNDS 991,646 77,372 1,069,018 Comparative net movement in funds, included in the above are as follows.. Incoming resources Resources expended Movement in funds Unrestricted funds General fund 216,308 (138,936) 77,372 TOTAL FUNDS 216,308 (138,936) 77,372 13. RELATED PARTY DISCLOSURES There w¢re no related party transactions for the year ended 31 March 2025. Pagell
The Hindu Mandir Detailed Statement of Financial ActivitRes for the Year Ended 31 March 2025 31.3.25 31.3.24 INCOME AND ENDOWMENTS Donations and legacies Donations Gift aid tax recovered 200,982 22,278 173,898 22,455 223,260 196,353 Other income Interest 29,772 19,955 Total incoming resources 253,032 216,308 EXPENDITURE Other trading activities Jnterest payable Charitable activities Wages Rates and water Insurance Light and heat Telephone Sundries Repairs and renewals Cleaning Donations - priests Food expenses Travel Depreciation Donations paid Event expenses Rent 40,806 1,690 23,527 46,817 1,245 2,217 20,010 9,569 1,050 4,621 1,140 1.227 2,100 800 500 41,075 1.771 18,824 37,678 ,125 1,005 14,327 8,616 6,550 3,610 550 1,227 172 573 157,319 137,103 Support costs Finance Bank charges 1,049 784 Tliis page does not form part of the statutory financial statements Page 12
The Hindu Mandir Detailed Statement of Financial Activities for the Year Ended 31 March 2025 31.3.25 31.3.24 Finance Governance costs Indepeiident examiner's fee Legal and professional fees 1,200 4,560 1,040 5,760 1,040 Total resources expended 164,128 138,936 Net income 88,904 77,372 This page does not form part of the statutory financial statements Pag¢ 13