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2023-10-31-accounts

Trustees’ Annual Report for the period

From 1[st] Nov 2022 to 31[st] Oct 2023

Charity name: A’nanda Ma’rga Pracaraka Samgha

Charity registration number: 1057616

Objectives and Activities

SORP reference
Summary of the purposes of
the charity as set out in its
governing document		 Para 1.17 The Association is established to
advance the branch of the Hindu
religion known as Ananda Marga and
for such other charitable purposes as
the Regional Board shall determine.
Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or
services identified in the
accounts.		 Para 1.17 and
1.19		 The Association organised several
retreat events, meditation classes and
numerous lectures in various parts of
the country to propagate the Ananda
Marga spiritual path. The Association's
Acaryas conducted various religious
ceremonies for members such as
marriages, baby naming and house-
warming and provided personal spiritual
counselling and instruction in the
religious practices of the Association
Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit		 Para 1.18 The charity trustees are responsible for
the general control and management of
the charity. The trustees give their time
freely and receive no remunerations or
other financial benefits.

Additional information (optional) You may choose to include further statements where relevant about:

SORP reference
Policy on grant making Para 1.38 Not Applicable
Policy on social investment
including program related
investment		 Para 1.38 Not Applicable
Contribution made by
volunteers		 Para 1.38 General donations and membership
income mainly make up financial
contributions made by volunteers.
Other Not Applicable

Achievements and Performance

SORP reference
Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.		 Para 1.20 The charity carries out a wide range of
activities in pursuance of its charitable
aims. The charity considers that these
activities summarised below provide
benefit both to the members of the
charity as well as the public;
-
Yoga Classes
-
Meditation Classes
-
Yoga and Meditation Retreats
-
Spiritual music events open to
the public
-
Meditative art workshops

Additional information (optional) You may choose to include further statements where relevant about:
Achievements against
objectives set		 Para 1.41 Not Applicable
Performance of fundraising
activities against objectives
set		 Para 1.41 Not Applicable
Investment performance
against objectives		 Para 1.41 Not Applicable
Other Not Applicable

Financial Review

Financial Review
Review of the charity’s
financial position at the end
of the period		 Para 1.21 The charity is in a strong financial position
having increased its recurring revenue from
membership fees to £10k, and also
receiving a substantial one-ff grant to
maintain its meditation teachers. This has
seen a doubling of turnover compared to
previous years.
Statement explaining the
policy for holding reserves
stating why they are held		 Para 1.22 The charity does not have high recurring
overheads or salaries and is therefore not
required to hold substantial reserves.
However a strong Cash at Bank position
means it can maintain reserves at over
£10K
Amount of reserves held Para 1.22 £39,000
Reasons for holding zero
reserves		 Para 1.22 See above, we hold small reserves.
Details of fund materially in
deficit		 Para 1.24 None
Explanation of any
uncertainties about the
charity continuing as a going
concern		 Para 1.23 None

Additional information (optional)

You may choose to include further statements where relevant about:

The charity’s principal
sources of funds (including
any fundraising)		 Para 1.47 Rental income of property
Membership pledges
One-off Grants from UK entities
Investment policy and
objectives including any
social investment policy
adopted		 Para 1.46 Our principla investment is in our single
owned property which acts as our primary
meditation teaching facility.
A description of the principal
risks facing the charity		 Para 1.46 There is a risk in standards of the
meditation we teach, which is mitigated by
teaching seminars as well as reviews of
standards. WE have also introduced a
formal complaints process to deal with any
complaints any beneficiary of member of
the charity might raise.
Other

Structure, Governance and Management

Description of charity’s
trusts:
Type of governing document
(trust deed, royal charter)		 Para 1.25 CONSTITUTION ADOPTED 28TH JULY
1996
How is the charity
constituted?
(e.g unincorporated
association, CIO)		 Para 1.25 The Charity shall be composed of the
following:
I.
The Regional Secretary.
II.
Acaryas of Ananda Marga
Pracaraka Samgha appointed by
the Central Committee to work in
the charity’s beneficial area
III.
Elected representatives from
among the general membership of
the charity according to the rules
laid down by the Trustee Board
for such elections.
IV.
Co-opted members, where
required by the Trustee Board,
PROVIDED THAT the number of
co-opted members of the Trustee
Board shall not exceed one-third
of the total membership of the
Regional Board at the time of co-
option.
Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees		 Para 1.25 The trustee members are selected from the
general membership of the charity according
to the rules laid down by the Trustee Board
for such elections as per the charity's
constitution.

Additional information (optional) You may choose to include further statements where relevant about:
Policies and procedures
adopted for the induction
and training of trustees		 Para 1.51 Not Applicable
The charity’s organisational
structure and any wider
network with which the
charity works		 Para 1.51 Not Applicable
Relationship with any
related parties		 Para 1.51 Not Applicable

Other

Not Applicable

Reference and Administrative details

Charity name A’nanda Ma’rga Pracaraka Samgha
Other name the charityuses Not Applicable
Registered charitynumber 1057616
Charity’s principal address 3A, Cazenove Rd,
London,
N16 6PA

Names of the charity trustees who manage the charity

1
2
3
4		 Trustee name Office (if any) Dates acted if not for whole
**year **		 Name of person (or body) entitled
to appoint trustee (ifany)
Jeffrey Reiter Regional Board
member		 Regional Board
Murali Ramaswamy Regional Board
member		 Regional Board
Mary Anne Lovage Regional Board
member		 Regional Board
Meenakshi Singh Regional Board
member		 Regional Board

– Corporate trustees names of the directors at the date the report was approved

Director name Not Applicable

Name of trustees holding title to property belonging to the charity

Trustee name Dates acted if not for whole year
Mary Anne Lovage Holds title to 3a Cazenove
Rd
Jyotirmaya Hull-Jurkovic Not a trustee but treasurer Holds title to 3a Cazenove
Rd

Funds held as custodian trustees on behalf of others

Description of the assets
held in this capacity		 Not Applicable
Name and objects of the
charity on whose behalf the
assets are held and how this
falls within the custodian
charity’s objects		 Not Applicable
Details of arrangements for
safe custody and
segregation of such assets
from the charity’s own
assets		 Not Applicable

Additional information (optional)

Names and addresses of advisers (Optional information)

Names and addresses of advisers (Optional information) Names and addresses of advisers (Optional information) Names and addresses of advisers (Optional information)
Type of
adviser
Name
Address
Financial Jyotirmaya Hull-
Jurkovic		 7 Manor Court, 80 Beresford Rd, London, E4 6EP

Name of chief executive or names of senior staff members (Optional information)

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Not Applicable

Other optional information

Declarations

The trustees declare that they have approved the trustees’ report above.

The trustees declare that they have approved the trustees’ report above. The trustees declare that they have approved the trustees’ report above. The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
Signature(s)
Full name(s)Mary Anne Lovage
Murali Ramaswamy
Position (eg Secretary,
Chair, etc)
Trustee
Trustee
Date15/09/24
Mary Anne Lovage Murali Ramaswamy

Trustee		 Trustee
15/09/24
15/09/24

Signed on behalf of the charity’s trustees

A'nanda Marga Pracaraka Samgha

No 1057616

Receipts and payments accounts

CC16a

For the period
from		 01-Nov-22 To 31-Oct-23

Section A Receipts and payments

A1 Receipts Unrestricted
funds
to the nearest £		 Unrestricted
funds
to the nearest £		 Restricted funds
to the nearest £		 Restricted funds
to the nearest £		 Endowment
funds
to the nearest £		 Endowment
funds
to the nearest £		 Total funds
to the nearest £		 Total funds
to the nearest £		 Last year
to the nearest £

General Donations		 1,232 - - 1,232 570
Grants Received 22,000 - 22,000 -
Event Income 8,198 - - 8,198 6,970
Membership 10,911 - - 10,911 -
Rental Income 8,934 - - 8,934 7,200
General Income 50 - - 50 215
- - - - -
- - - - -
Sub total(Gross income for AR) 29,325 22,000 - 51,325 14,955
A2 Asset and investment sales,
(see table).
-
- -
Sub total - -
Total receipts
29,325 14,955

A3 Payments

Cost of Sales - Events 1,490 - - 1,490 2,279
Cost of Sales - Event Venues 4,491 4,491 2,360
BuildingMaintenance 3278 3,278 270
BuildingUtilities 3,647 3,647 2,882
Grants Made 1,110 1,110 771
Jagrti Food and Provisions 169 169 -
Computer Software 372 372 366
Office Equipment 642 642 - 38
Internet & Telephone 838 838 765
Licenses and Permits 258 258 211
Miscellaneous - - 943
Meals 131 131 69
Accommodation 240 240 648
Advertisingand Promotion 120 120 -
Legal and Professional Fees 2,020 2,020 2,571
Bank/Finance Charges - 6 - 6 13
Insurance 1,316 1,316 722
Travel 879 879 136
Volunteer Allowances 3,310 3,310 4,286
-
-
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
**Sub total ** 24,305 - - 24,305 19,254
A4 Asset and investment
purchases, (see table)
- - - -
- - - -
**Sub total ** - - - - -
CCXX R1 accounts (SS)
Total payments		 24,305 1
 - - 24,305 15/09/2024
19,254

Net of receipts/(payments) A5 Transfers between funds A6 Cash funds last year end Cash funds this year end

5,020


22,000


-
27,020 - 4,299
- - - - -
- - - - -
5,020 22,000 - 27,020 - 4,299

Section B Statement of assets and liabilities at the end of the period

CCXX R2 accounts (SS)
Categories
B1 Cash funds
B2 Other monetary assets
B4 Assets retained for the
charity’s own use
B3 Investment assets		 Details Details Unrestricted
funds
to nearest £
33,303
-
-
-
6,009
-
-
-
-
-
39,312
Agreement Error
Unrestricted
funds
to nearest £
-
-
-
-
-
-
Fund to which asset
belongs
Fund to which asset
belongs
Property
Fund to which
liability relates		 15/09/2024
Restricted funds
Endowment
funds
to nearest £
to nearest £
-
-
2,311
1,464
2,570
1,100
-
-
-
-
7,445
-
Agreement Error
OK
Restricted funds
Endowment
funds
to nearest £
to nearest £
-
-
-
-
-
-
-
-
-
-
-
-
Cost (optional)
Current value
(optional)
-
-
-
-
-
-
-
-
-
-
Cost (optional)
Current value
(optional)
-
400,000
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Amount due
(optional)
When due
(optional)		 Endowment
funds
to nearest £
Metro Regional Bank Account 33,303 -
Hackney Unit Account -
Manchester Unit Savings Accont -
Manchester Unit Current Account -
Wise Regional Account 6,009
Master Unit Fund -
-
-
- -
- -
39,312 -
2
Details
(agree balances with receipts and payments account(s))
Details
Details
Details
Property - 3a Cazenove Rd		 OK
Endowment
funds
to nearest £
-
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
Current value
(optional)
400,000
-
-
-
-
-
-
-
-

B5 Liabilities

Signed by one or two trustees on behalf of all the trustees

-
-
-
-
-
Signature Print Name Date of approval
Mary Anne Lovage 15/09/2024
Murali Ramaswamy 15/09/2024

CCXX R3 accounts (SS)

15/09/2024

3

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees/ members of[A’nanda Marga Pracaraka Samgha]

On accounts for the year Oct 2023 Charity no 1057616 ended (if any)

Set out on pages 3

I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/10/2023 .

Responsibilities and As the charity trustees of the Trust, you are responsible for the preparation basis of report 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 the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent I have completed my examination. I confirm that no material matters have examiner's statement come to my attention (other than that disclosed below *) 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 order to enable a proper understanding of the accounts to be reached.

Signed:
Name:
Relevant professional
qualification(s) or body
(if any):
Address:

 27 September 2024
Alan Waitt
CEO of Non-Profit consultancy
32 Radnor Cliff
Folkestone
CT22JJ

October 2018

IER

1

Section B Disclosure

Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).

Give here brief details of any items that the examiner wishes to disclose .

No Matters of concern

October 2018

IER

2