## **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
**Date**15/09/24|||
||||
||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:
- accounting records were not kept in accordance with section 130 of the Act or
- the accounts do not accord with the accounting records
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.
* _Please delete the words in the brackets if they do not apply._
|**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