SRI DATTA YOGA CENTRE IUK) FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST JULY 2021 Charlty Nrnr 1003856
SRI DArrA YOGA CENTRE (UK) FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2021 CONTENTS Pagg Trustees 8nnu81 report lnd•nd*nt Examino¢s Report Statement of Financ1 Actiwlies Balance She&t Notes to the Financial Statements Tho followlng pages do not forni part of the flnanclal 8tat•mont8 D6taiW Statement of Finanaal Acb'vit
SRI DArrA YOGA CENTRE IUKI TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 31 JULY 2021 The trustees present their report and the unaudited finanoal ststements of the charty for the year ended 31 sl July 2021 LEGAL STATUS Sri Datta Yoga Centre (UK) is an UnInrporated charty govemed by a written constrtulion. OBJECTIVES OF SRI DATTA YOGA CENTRE {UK) The charty has the following objective8".- li} Advance the Sanatana Dhama IrelKdion) unNersally in acccffdance wrth the Hindu leaching of SRI DATTAREYA 1111 Promot6 the study and teachings of the ancnt ori8ntsl art of YOGA. ,{iii} Conduct a centre for 811 119¥ ¢hantablg purpo8es. (Iv) Relieve povety, Sickness and di$trfr58 of mankind. Iv) Promote cultural and spirrtLbal under8t8nding between east and wegl by invrting. international oxperts, religious dignrtanes and muslanS as may be appropnate. Ivil Do all such acts and other things as sh811 cary out the obj'ects of the Sabha uphold tho gt>)d name of the Sabha (Place of galhenngl. ORGANISATION The adminislralion and control of the Sabha and rt$ ass9ts 1$ vesled in the Board of Trustees. No other Institutions or bodies ¢orporale are connected wlh Sn Datta Yoga Centre (UK). FINANCIAL CONTROLS Sufficient SeNe3 are maintained for organtsing actmties of the chafity and the upkeep of the building. INVESTMENT POWERS AND RESTRICTIONS The charity is able to invest any funds in accordan wrth *islation goveming them. Contd....-
SRI DATTA YOGA CENTRE IUKI TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 31 JULY 2021 REVIEW OF DEVELOPMENTS. ACTIVITIES AND ACHIEVEMENTS In CoMplnCe with COVKI 19 re$lnctK)ns.temple remaJn&J ck)sed Ihrcyjghout the year exwl the the last week in July 2021 No activities could be undertaken at the temp but we conthnued lo live stream morning p)qas on Sattjrdays and on festwal days which became popular with devotees & sponsors. Th• only other activity was Continuatft of major construth.on work lo renovale and upgrade accommodation for Sri Swamiii which is expected to cOMpe by end of 2021 calender year The charity had one empk)yee al year end. There aro no major risks id8ntlfI by the trustees .. THE TRUSTEES The tru8tses seNed th$ chanty during tho ar under review were 8$ folbNg".- Mr Manubhai Palo1 Mr Jitendra Dave Mr Mohanlal L Suthar Mr Ravindranath Sunkara Ms Bhavna Patel Mr Uttam Veturi Chaimlan Seerelary Trea5ur8r Signed nbe he Trustees Mr anu Chaima ai Patel oproved by the trustees on 09 November 2021
SRI DAA YOGA CENTRE (UK) INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF SRI DATTA YOGA CENTRE (UK) FOR THE YEAR ENDEO 31 JULY 2021 We rep)rt on the unaLsdrted accounts of the tharity for the year ended 31st Juty 2021 as Set out on pages 4 10 8 RESPECTIVE RESPONSIBILITIES OF THE TRUSTEES AND THE INDEPENDENT EXAMINER As the Trustees of the ¢h8nly you are responsible for the preparatn of the accounts. you con51der that the audit requirements of section 43121 of the Charities Act 1993 does not apply. 11 is our responsibility to slate, on the basis of the procedures speied In the General DirectnS gwen by the Charitigs , Commiss¢One under section 43(7)Ib} of the Act. whether parttubr matters have come to our attention. BASIS OF INDEPENDENT EXAMINER'S REPORT Our examination was ¢arried out in accordance with the gener81 direL#K)ns gwèn by the Charity Commissioners. An Indep8ndenl examinatn Includes a revth¥ of the 8ccounting records kept by the charity and a comparison of the aeeounls presented th those records. 11 also in¢lLbdes consideratson of any unusual Items or discbsures in the accounts, and seeking explanalKJns from you as Trustees concerning any such matters The procedures undertaken do not provKle all the evid8nce that would be required in an audrt, and consequentw we not expr88s an audrt opinion on the view given by the accounts. INDEPENDENT EXAMINER'S STATEMENT In connection with our eXinatIon, no matter ha$ Come to my attentft... 111 which gives u$ reaSonae cau$e to telieve that in any material respect the requirement8.' 181 to keep ac¢ounting records in accordance with Section 41 of the Aet". and Ibl to prepar& aceounls which ¢tsrd wrth the accountsng reo)rds and to compty wth the a¢countsng requirement of the A£t. have not been met.. or 121 to which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be aChed. Akshar & Company Chartered Certified Accountants 221 Kenton Lane Kenton Harrow Middlesex HA3 8RP Dated.. 09 November 2021
SRI OAThA Y0&4 CENTrE IUKI STATEMENTOF NNANCIAL A¢TMTIES FQR THE YÉAR ENDED 31 JULYX)21 )21 INCOMING RES¢)IJACES 0¢*¥)r 121.598 148 444 Rentsl I hirt£rfhdl IrKorn• 7.593 TOTAL INCOIIING RESOURCES 129 672 161. RESOURCES EXPENDED Fund raisino wtdKrty 101 4.875 Ch4rft4bh •Ap•ndftur• Co•ls olcharflthct4xts 130 413 127 274 132 877 NET INCOMINGIOUTGC#NGI RESOURCES FOR TrIE YFJR 10 17411 29.OSO 3.031,706 S.2,853 3 031 708
SRI DAThA YOGA CEpifRE (LIK) BALANCE SHEET AS AT 31STJULY2021 2020 FIXEDASSETS 3.r135.655 2,710.627 CURREMT ASSE DthrJand prepaynwn ¢a*h al nk and hd 12 3.703 428 899 ,191 429.602 CREDITORS 13 311.745 108.$21 NET¢LIRREWT A88ETS 321 TOTALA8SET8 LES8 GURREWT LIA8IUT 3.0>0.7 3,OJ1.70S LONG 7ERM LILME9 Lo•n GENERAL FUND 14 3,031.70B TOTAL FLIN I tMir
SR[ DAThA YOGA CEpifRE (UK) NOTES TO THE FINANCIAL STATEMEKrs FOR THE YEAR ENDED 31 JULY 2021 ACCOUNTING POLICIES Ba818 of Accounting The financial 51atemenls have been prepared under the histoncal cost ¢onVentn and in e0rdance with the Ststemenl of Recommended Practi¢e"Accounling and Reporting by Chariti'es" {SORP 2CIJ51 and the Charities Act 1993. Deproclatlon Depreciation is provtded at the folknving annual rate$ in ordor to write off each asset over its estimated useful life I hen¢e. obsolete assets ar8 wntten off as they occur.) Freehold Land Freehold Building$ Freehold Improvements Fumilure and Equipment NIL - 75 Years SlraKJhl Line - 65 Years Straight Line to coinode wth freehoka buildings - 25% Reducing Balance 2 DONATIONS 2021 2020 Donations received grossed up for lax 121,596 148,444 121,596 148,444 3 RENTAL I HIRE OF HALL INCOME -Rent Receiv& 4.88e 4.886 4 INTEREST RECEIVABLE Bank interest receNed 536 1,009 536 1.009 6 OTHER INCOME Bookstall income Employee Accornmodatjon Conlribubon Debt Recovèry 53 7.540 7,540 7,540 7.593
SRI DAThA YOGA CENTRE IUKI NOTes TO THE FINANCLIL STATEMEprrs FOR THE YEAR ENDED 31 JULY 2021 2021 2020 FUND RAISING AND PUBLIcy e81rj uJ8ts 4.675 104 4.675 7 CIX8T IN FURTHÉRANCE OF ¢HARrrABLE OBJECTS Pro$10n of ¢hoitsNe semc Donatn mode Books and ¢8ss•tt• Furtlion l event eypei Other E8•8 928 928 MANAGEMENT AND ADMIMISTRAIION Ornee eo$t 129,817 792 128.482 792 130.309 127.274 9 TOTAL RESOURCES EXPENOEO Dcffj8tbr mthje Fur raising and publicity other ¢hadiab expenses Manogere¢nt and n1•trab"C 104 4.675 928 127274 iX).309 130413 132.877 M8nogennt aTrJ Mn%nlstratiCrt) oypefises inrjth 5IorypaJ to bjll tkn prf•si.There are NJ other eftWofftJ 8ThJ no remLwabcrf p•a to ary ollhe twstse8 or volunteers durirwJ &e8r derr¢e. 10 IIICOMING IOUTfy)INOI RESOURCES Th net reBourw b slated thr cTra.. $8,089 obb08 eo$ts 48.792 61.889
SRI DATTA YOGA CExTre IUK) NOTESTO The AIINCIAL STATEMENTS FOR ThE YEAR ENDe0 31 JULY 2021 11 TANGI8LE FIXED ASSETS Freeh)kl L•nd Freoho Frg•hokl Furnltur• ar Property Improwmorrt Equlwwrt COST At 151Augusi 2020 Addrtlons dunTrJ swr LThspos8l c•$det• 1.0gJ.(iKI 630.871 1.091.432 374.( 314.361 3.086.464 374 Al 31st July 2021 1.050.(X)o 630.671 1.465.432 314 361 3.460.464 DEPRECIATION At 181 ts$1 2W20 Charge for Ih&ygar DW5a151 t8oNryie 81 65.476 16.284 217.977 24.096 375,837 48,792 8,412 At 31st Juty2021 10J.7 242.073 424 629 NET BOOK VALUE Al 31$t Juty2021 1.050.C(KJ 529.875 1.383.8T2 72288 3.035,835 Al 3181 Juty 2020 1.050.L .287 1.025.gS8 96.384 2,710.627 12 DEBTORS & PREPAYMENTS 2021 2020 U[ f8lllThJ (hje 1hIrt rfft •r PrnpayYnts l.S16 2.170 2.189 1.514 IJ CREDITORS Am(xJnts hIn9 om 311.745 108.521 311,745 108.621 14 GENERAL FUND Unres¢rithd furnls 3.Q02.653 29,055 Al 1s1 ALgusI SU8 (Defidll for the 58r 3.031.708 17411 At 31st July 9.030.7 3.031.708
SRI DAThA YOGA CENTrE IUK) DAlLED STATEMENT OF F114ANCIAL ACTMn&8 FOR THE YEAR ENDED 31 JULY 2021 2021 2020 INCOME Denation8 f¢¢4N¢d 121. 148.444 Rental Ihwe ol h811 Ineeme Bank int•rait Ernpty8 Actommodatlon ¢¢XIrlbts 8ook$lo11 Income 7,540 53 Debt re(overy 129,672 161,932 COSTOF GENERAMNG FUNDS.. Adv8rti$irq cosls 4,e75 CHARITABLE EXPENDITURE.. Don8llony m8dg Book$ 8nd cassett Function Expense8 Other Expenses- n•1 In# svAmryi vijl LxMIs 928 928 MANAGEMENT AND A{INIsTRATION Emr4oyM c1¥ Insurane• Light hoat Rates Water r#ioi T818pone.TV. Broadband Postgge. Pnnbng and Stat)ntry Tempk aarOt1*Yj t¢$i$= deaning M8inlen8nce. Repairs and renewgl Sundry exwnse$ Accounl8nGy Bèhk charyes Bank In18$t ProfesKnal fees D8preoalion'.- Depr8Ckqtn olfreehsjlj prcpety D8Precrdtn offwhold Improvenwnts Depreckqtion olfumrture and equwer Obsolete construdson ccét 27,195 2.793 24,024 3,038 6,885 1,877 6,481 856 5.2 1.042 633 445 26265 13,820 792 1.049 815 4.721 2.979 8.412 16.284 24.096 8.409 16.285 33,395 3.800 127.274 130.309 TOTAL EXPENDITURE T),413 132,877 NET INCOME 747 29 055