Charity Registered number 1002912 

MAHA LAKSHMI VIDYA BHAVAN 

Report and Accounts 

31 December 2024 



## **MAHA LAKSHMI VIDYA BHAVAN Charity Information** 

## **TRUSTEES** 

B.C.  Gossai  MBE Bickram Singh Vidya Ramnauth Damand Bissumbhur 

## **Independent Examiner** 

ANDERTONS Chartered Certified Accountants 179 Torridon Road London SE6  1RG 

## **Bankers** 

Barclays Bank Plc 212 Regent Street London W1A  4BP 

## **Registered office** 

Honor Oak Park London SE23  3LE 

**Charity number** 1002912 

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## **MAHA LAKSHMI VIDYA BHAVAN Trusteess' Report** 

## **for the year ended 31 December 2024** 

The Charity was established by a trust deed. 

Registered Charity Number: 1002912 

Principal Address; Honor Oak Park, Forest Hill, Londom ,SE23 3LE 

## **Principal activities and objects** 

The Charity's principal activity during the year continued to be the fulfilment of the objects as detailed in its trust deed. The principal object of the Charity is to advance religion and education in accordance with the tenets and doctrines of Hinduism. 

A summary of the charity's financial results are shown on the attached financial statements. 

## **Achievement of objects & Future developments** 

The trustees aim to maintain the policies and activities which have resulted in the Charity's' success in recent years. 

The charity continues with is promotion of its objects by means of classes in Yoga, philosophy, religious doctrines, music and youth development. 

The charity has been involved in fundraising activities to assist the needy in various parts of the globe. The recipients to funds from the charity is defined as any person or group of persons in need. 

Free meals are served at all of the functions of the charity. 

## **PUBLIC BENEFIT** 

To advance such charitable purposes , in accordance with its objects, as the trustees see fit from time to time in particular but not limited to advancing the religeon, education, culture, for the general public. The charity continues to be open to all sections of vthe community, continues to serve the needy and to offer services upon request. 

FINANCIAL REVIEW 

The Charity, is a fully goiung concern entity. The trustees declare that it has funds to cover all foreseeable expenditure and liabilities. 

All expenditure of the Charity fully support the objects of the charity, 

## **Trusteess** 

The trustees who held office during the year were as follows 

B.C.  Gossai  MBE Bickram Singh Vidya Ramnauth Damand Bissumbhur 

## **Political and charitable donations** 

During the year, the Charity made charitable contributions totalling £nil. 

This report was approved by the trustees on 24 September 2025. 

Bickram Singh Trustee 

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## **MAHA LAKSHMI VIDYA BHAVAN INDEPENDENT EXAMINERS REPORT ON THE ACCOUNTS CHARITY NUMBER 1002912 TO THE TRUSTEES OF MAHA LAKSHMI VIDYA BHAVAN for the year ended 31 December 2024** 

I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31 December 2024 

## **Respective Responsibilities of Trustees and Examiner** 

As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”). I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. 

## **Independent examiner's statement** 

I have completed my examination.  I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect: 

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. 

Signed: B. Dindyal Da 24-Sep-25 

Mr B Dindyal FCCA ANDERTONS Chartered Certified Accountants 179 Torridon Road London SE6  1RG 

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## **MAHA LAKSHMI VIDYA BHAVAN Profit and Loss Account for the year ended 31 December 2024** 


**----- Start of picture text -----**<br>
UNRESTRICTED FUNDS<br>Notes 2024  2023<br>£  £<br>FUNDS RECEIVED<br>Fund raising, Donations & Cultural 2 24,529 20,792<br>- -<br>Sale of Religeous texts<br>Hall Rental - -<br>Bank interest 2,833 1,670<br>- -<br>Building fund donations<br>Gross funds received 27,362 22,462<br>EXPENDITURE<br>Light and heat 3,515 5,403<br>Printing postage & stationery 75 75<br>Building maintenance 2,044 4,955<br>Water rates 219 263<br>Insurance 1,620 1,560<br>Depreciation 20 27<br>Telephone 1,335 901<br>General expenses 435 176<br>Singhasan & Flowers 551 1,656<br>Total Expenditure 9,814 15,016<br>Surplus for the year 3 17,548 7,446<br>Surplus on Ordinary activities 17,548 7,446<br>Taxes - -<br>Surplus after Tax 17,548 7,446<br>Net Surplus for the financial year 7 17,548 7,446<br>**----- End of picture text -----**<br>


**Restricted Funds** - The charity has no account or fund that may be termed a restricted fund. 

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## **MAHA LAKSHMI VIDYA BHAVAN Balance Sheet as at 31 December 2024** 

||**Notes**||**2024**||**2023**|
|---|---|---|---|---|---|
||||**£**||**£**|
|**Fixed assets**||||||
|Tangible assets|4||377,199||377,219|
|**Current assets**||||||
|Cash at bank and in hand||205,213||187,959||
|**Net Current assets**|||205,213||187,959|
|**Total assets less current**||||||
|**liabilities**|||582,412||565,178|
|**Creditors: amounts falling due**||||||
|**after more than one year**|5||(2,221)||(2,535)|
||||580,191||562,643|
|**Capital and reserves**||||||
|**UNRESTRICTED FUNDS**||||||
|Revaluation reserve|6||92,671||92,671|
|Accumulated fund|7||487,520||469,972|
|**RESTRICTED FUND**|||-||-|
||8||580,191||562,643|



There is no fund that is a restricted fund. All assets are fully unrestricted. 

B Gossai MBE Trustee Approved by the trustees on 24 September 2025 

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**MAHA LAKSHMI VIDYA BHAVAN Notes to the Accounts for the year ended 31 December 2024** 

## **1 Accounting policies** 

## _**Accounting convention**_ 

The accounts have been prepared under the historical cost convention and in accordance with applicable accounting standards. 

## _**Depreciation**_ 

Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful 

Fixtures and fittings 

25% Written Down Value 

## **2 Income** 

All items are recognised as income when it is received. Investment income and tax credits are recognised when they become due. 

|**3**|**Operating profit**|**2024**|**2023**|
|---|---|---|---|
|||**£**|**£**|
||This is stated after charging:|||
||Depreciation of owned fixed assets|20|27|



- **4 Tangible fixed assets** 

|**Tangible fixed assets**||||
|---|---|---|---|
||**Freehold**|||
||**land and**|**Fixture &**||
||**buildings**|**fittings**|**Total**|
||**£**|**£**|**£**|
|**Cost**||||
|At 1 January 2024|377,139|7,760|384,899|
|At 31 December 2024|377,139|7,760|384,899|
|**Depreciation**||||
|At 1 January 2024|-|7,680|7,680|
|Charge for the year|-|20|20|
|At 31 December 2024|-|7,700|7,700|
|**Net book value**||||
|At 31 December 2024|377,139|60|377,199|
|At 31 December 2023|377,139|80|377,219|



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## **MAHA LAKSHMI VIDYA BHAVAN Notes to the Accounts for the year ended 31 December 2024** 

|**5**|**Creditors: amounts falling due after one year**|**2024**|**2023**|
|---|---|---|---|
|||**£**|**£**|
||Accruals and deferred income|2,221|2,535|
|**6**|**Revaluation reserve**|**2024**|**2023**|
|||**£**|**£**|
||At 1 January|92,671|92,671|
||At 31 December|92,671|92,671|
|**7**|**Accumulated reserves - UNRESTRICTED FUND**|**2024**|**2023**|
|||**£**|**£**|
||At 1 January|469,972|462,526|
||Surplus for the year|17,548|7,446|
||At 31 December|487,520|469,972|
|**8**|**Reconciliation of movement in building' funds**|**2024**|**2023**|
|||**£**|**£**|
||At 1 January|562,643|555,197|
||Surplus for the period|17,548|7,446|
||At 31 December|580,191|562,643|



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## **MAHA LAKSHMI VIDYA BHAVAN Schedule to the Profit and Loss Account for the year ended 31 December 2024** 

||**2024**|**2023**|
|---|---|---|
||**£**|**£**|
|**_INCOME_**|||
|Fund raising, Donations & Cultural|24,529|20,792|
|Bank interest|2,833|1,670|
|**_Expenditure_**|27,362|22,462|
|Light and heat|3,515|5,403|
|Printing postage & stationery|75|75|
|Building maintenance|2,044|4,955|
|Water rates|219|263|
|Insurance|1,620|1,560|
|General expenses|435|176|
|Singhasan & Flowers|551|1,656|
||8,459|14,088|
|General administrative expenses:|||
|Telephone & security system|1,335|901|
|Depreciation|20|27|
||1,355|928|



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