Sree Ayyappa Seva Sangam Charity No. 1059478 Trustees, Report and Unaudited Accounts 31 March 2025
Sree Ayyappa Seva Sangam Contents Page5 Trustee5' Annual Report Independent Examiner's Report Statement of Financial Activities Balance Sheet Statement of Cash flows Notes to the Accounts Detailed Statement of Financial Activities 7t015 P2gp 1
ree yyappa eva Sangam Trustees Annual Report The trustees present their report with the unaudited financial statements of the charity for the year ended 31 March 2025. REFERENCE AND ADMINISTRATIVE DETAILS Charity No. 1059478 Trustees The following trustees served durir)g the year: Atputhanathan KanEatheepan Muthukumaru Thiagesapillai Anpan Nadarajah Logeswaran Nadarajah Sivakumaran Nadarajah Suresparan Rajja Rajagopalan Senthilraj Muthiah Shivanthan Saravanapavananthan Suntharampillai Kiruba ha r Sureshkumar Amirthalingam Vicknes Varakadadshan kirupaalar Accountants Ace Accountants & Tax Consultants Ltd 127 Fencepiece Road Ilford Essex IG6 2LD OBJECTIVES AND ACTIVITIES The Charity has been formed to promote advance hindu religion and worship Aappa. By regularly reviewing its objectives and activities as outlined in its constitution, Sree Ayyappa Seva Sangam {London} remains focused on delivering on its purpose. In this year's review and in considering our plans for future services, we have referred to the guidance contained in the Charity Commission's general guidance on public benefit. ACHIEVEMENTS AND PERFORMANCE The objectives that steered the Ayyappa Seva Sangam were to serve the devotees who clustered in the name .ofSwanw-AWappaJnlhat990s.and_earIYo0OsheSeVaagaQexper.[enCed&_I3rgeuoIuMe_0f devotees. In order to accommodate them, the seva sangam looked ardently to build a separate temple for Lord Ayyappa and finally established it in its current premises in 2007 PAOP ?
Sree Ayyappa angam Trustees Annual Report eva The popularity among the devotees and volunteers is that the ancient saying in this faith as to "treat all races as equal" This also attracted many youths who have undertaken this path to be enlightened. Most go through this enlightenment by taking the vow as fasting for 41/48 days and undertaking a pilgrimage to Sabari Malai in India. For those who cannot travel, we have paved the way to do the same pilgrimage in our premises. The pilgrimage itself is a diff icult task of climbing a few mountains barefoot to reach the temple where each soul joins the supreme lord itself. This simplifies as "all are originated from one source and therefore treat everyone as the same" This is a great achievement in our materialised world where everyone is stre55ed in their live as lost souls. We teach them to regain their self-confidence and put them back as happy souls. The best achievements so far are the youths who are the future of this earth where we teach them self-discipline, tea mwork and how to fit in with all society as a multi-cultural London city. We take pride where we have turned them as they accept all ethnicities as one race and take up any challenge into a successful outcome. Also, we not only look after the youths but also look after all age groups such as the elderly, vulnerable, addicts and even ex-convicts. We have turned them into acceptable and face any issues they were feared of. Our challenges will be focused on shifting from one society to all in the UK and becoming a strong body where we can start to look at the whole world because the Sree Ayyappa community is growing rapidly all over the world where we can easily unite them. FINANCIAL REVIEW The charity's unrestricted reserves as at 31 March 2024 total £915,698 {2023', £854,982) which will be used for the purposes on which the funds were provided for. During the year we have received the commitment of £4,544 as Donations from Several Devotees; however, this amount was still unpaid as at the end of 31/03/2025. Statement of trustees, responsibilities In relation to the financial statements The charity trustees are responsible for preparing a trustees, annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the Trust deed. The Trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities. Signed on behalf of the charity's trustees Nadarajah Sivakumaran Trustee 09 October 2025 Paup
5ree Ayyappa seva Sangam Independent Examiners Report Independent Examiner's Report to the trustees of Sree Ayyappa Seva Sangam I report to the trustees on my examination of the financial statements of Sree Ayyappa Seva Sangam for the year ended 31 March 2025. Responsibilities and basis of report As the charity's trustees you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 ('the Act'l. I report in respect of my examination of the charity's financial statements 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(51{b} of the Act. Independent examiner's statement I have completed my examination. I can confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: the accounting records were not kept in respect of the charity as required by section 130 of the Act; or the financial statements do not accord with those records; or the financial statements do not comply with the applicable requirements concerning the form and content of financial statements set out in the Charities {Accounts and Reports) Regulation5 2008 other than any requirement that the financial 5tatement5 give a 'true and fair, view which is not a matter considered as part of an independent examination. 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 financial Statements to be reached. Aco Accountants & Tax Consultants Ltd Ghartsred M8n8g&rF7enl Accounlanls 127 F8n¢ep18cg Road, Illord, Es54x, IG6 2LD T.. 020B 550 93i191 M.. 0753 5555 001 w,. w4Yw,8G8Mccounwts.co,uK Mr.P.Valluvar FCCA Ace Accountants & Tax Consultants Ltd 127 Fencepiece Road Ilford Essex IG6 2LD 09 October 2025 Pxgp 4
ree yyappa Seva angam Statement of Financial Activities for the year ended 31 March 2025 Unrestricted funds Total funds Total funds 2025 2025 2024 Notes Income and endowments from". Donations and legacies Charitable activities Other trading activities Other 132,871 57,802 23,895 34,278 132,871 57,802 23,895 34,278 133,181 44,672 33,390 27,622 Total 248,846 248,846 238,865 Expenditure on.. Charitable activities Other 38,135 149,995 38,135 149,995 28,198 125,463 Total 188,130 188,130 153,661 Net gains on investments Net income 60,716 60,716 85,204 Transfers between funds Net income before other gains/(losse5} 60,716 60,716 85,204 Other gains and losses Net movement in funds 60,716 60,716 85,204 Reconciliation of funds: Total funds brought forward 929,750 929,750 844,546 Total funds carried forward 990,466 990,466 929,750 Pacp
Srèé A"yyappa Balance Sheet angam at 31 March 2025 Charity No. 1059478 2025 2024 Fixed assets Tangible assets Investments li 94,076 12 1,194,700 1,288,776 94,716 1,194,700 1,289,416 Current assets Cash at bank and in hand 92,131 92,131 13,0051 89,126 68,045 68,045 15,1001 62,945 Creditors: Amount falling due within one year Net current assets 13 Total assets less current liabilities 1,377,902 1,352,361 Creditors: Amounts falling due after more than one year Net assets excluding pension asset or liability 14 1387,436) 990,466 1422,6111 929,750 Total net assets 990,466 929,750 The funds of the charity Restricted funds Unrestricted funds 15 Is General funds 915,698 854,982 915,698 854,982 Reserves 15 Revaluation reserve 74,768 74,768 74,768 74,768 Total funds 990,466 929,750 Approved by the trustees on 09 Ottober 2025 And signed on their behalf by: Nad3rajah Siv3kumaran Trustee 09 October 2025 Page 6
Sree Ayyappa Seva Sangam Notes to the Accounts Expenditure Recognition of expenditure Expenditure is recogni5ed on an accruals basis. Expenditure includes any VAT which cannot be fully recovered, and is reported as part of the expenditure to which it relates. Expenditure on These comprise the costs associated with attracting voluntary income, fundraising raising funds trading costs and investment management costs. Expenditure on These comprise the costs incurred by the Charity in the delivery of its activities and charitable activities services in the furtherance of its objects, including the making of grants and governance costs. All grant expenditure is accounted for on an actual paid basis plus an accrual for grants that have been approved by the trustee5 at the end of the year but not yet paid. These include those cost5 associated with meeting the constitutional and statutory requirements of the Charity, including any audit/independent examination fees, costs linked to the Strategic management of the Charity, together with a share of other administration costs. These are support costs not allocated to a particular activity. Grants payable Governance costs Other expenditure Taxation The charity is exempt from tax on its charitable activities. Tangible fixed assets and depreciation Depreciation is provided at the following annual rate5 in order to write off each asset over its estimated useful life: Plant and Machinery Fixtures, fittings and equipment 5% Reducing balance 5% Reducing balance Freehold investment property Investment properties are measured initially at cost and subsequently at fair value at each balance sheet date and are not depreciated. All gains or1055es are taken to the Statement of Financial Activities as they arise. Stocks Stock is included at the lower of cost or net realisable value. Donated items of stock are recognised at fair value which is the amount the charity would have been willing to pay for the items on the open market. Trade and other debtors Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. Sh43nd£aShqUIyalent Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investment5 With original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management. Paop
Sree Ayyappa Seva Sangam Notes to the Accounts Trade and other creditors Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due. Research and development Expenditure on research and development is written off in the year in which it is incurred. Foreign currencies Monetary assets and liabilities denominated in currencies other than the functional currency of the charity are translated at the rates of exchange prevailing at the end of the reporting period. Transactions in currencies other than the functional currency of the charity are recorded at the rate of exchange on the date that the transaction occurred. All exchange differences are are taken into account in arriving at net income/expenditure. Leased assets Where the charity enters into a lease which entails taking substantially all the risks and rewards of ownership of an asset, the lease is treated as a finance lease. Leases which do not transfer substantially all the risks and rewards of ownership to charity are classified as operating leases. Assets held under finance leases are initially recognised as assets of the charity at their fair value at the inception of the lease or, if lower, at the present value of the minimum lease payments. The corresponding liability to the lessor is included in the balance sheet date as a finance lease obligation. Lease payments are apportioned between finance expenses and reduction of the lease obligation so as to achieve a constant rate of interest on the remaining balance of the liability. Finance expenses are recognised immediately, unless they are directly attributable to qualifying assets, in which case they are capitalised in accordance with the charity's policy on borrowing costs. Assets held under finance leases are depreciated in the same way as owned assets. Operating lease payments are recogni5ed as an expense on a straight-line basis over the lease term. In the event that lease incentives are received to enter into operating leases, such incentives are recognised as a liability. The aggregate benefit of incentives is recognised as a reduction of rental expense on a straight-line basis. Pension costs The charity operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the charity pays fixed contributions into a separate entity. Once the contributions have been paid the charity has no further payments obligations. The contributions are recogni5ed as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the charity in independently administered funds. eceipt-of-donated£oods-fac-ilit4es-an(kseNiC All donated goods, facilities and services received are recognised within incoming resources and expenditure at an estimate of the value to the charity. P2op q
ree Ayyappa ¥evaangarn Notes to the Accounts 2 Statement of Financial Activities- prior year Unrestricted funds Total funds 2024 2024 Income and endowments from: Donations and legacies Charitable activities Other trading activities Other 133,181 44,672 33,390 27,622 133,181 44,672 33,390 27,622 Total 238,865 238,865 Expenditure on: Charitable activities 28,198 125,463 28,198 125,463 Other Total 153,661 153,661 Net income 85,204 85,204 Net income before other gains/(losses) Other gains and losses: Net movement in funds 85,204 85,204 85,204 85,204 Reconciliation of funds: Total funds brought forward Total funds carried forward 844,546 844,546 929,750 929,750 3 Income from donations and legacies Unrestricted Totsl Total 2025 2024 Donations 132,871 132,871 132,871 132,871 133,181 133,181 4 Income from charitable artivities Unrestricted Total Total 2025 2024 Pooja Ticket Sales 57,802 57,802 57,802 57,802 44,672 44,672 Pagp 1r)
yyappa Seva Sangam Notes to the Accounts 5 Income from other trading activities Unrestricted Total Total 2025 2024 Membership- Lifetime Hall Hire 2,000 8,600 161 2,000 8,600 161 13,001 9,075 4,041 Sundry Sales Income Membership- Monthly Subscription 13,134 13,134 7,273 23,895 23,895 33,390 6 Other income Unrestricted Total Total 2025 2024 GiftAid 34,278 34,278 34,278 34,278 27,622 27,622 7 Expendire on charitable activities Unrestricted Total Total 2025 2024 Expenditure on ch(7ritable activities Pooja Ticket Sales Governance costs 38,135 38,135 28,198 38,135 38,135 28,198 8 Other expenditure Unrestricted Total Total 2025 2024 Bank loan and overdraft interest payable Employee costs Motor and travel costs 26,295 26,295 20,636 89,712 266 89,712 266 76,981 44 Premises costs 20,577 20,577 16,094 Amortisation, depreciation, impairment, profit/loss on 640 640 831 General admin istrative costs 9,562 2,943 149,995 9,562 2,943 149,995 9,857 1,020 125,463 Legal and professional costs PAop11
Sree Ayyappa angam Notes to the Accounts eva 9 Net income before transfers 2025 2024 This is stated after charging: Depreciation of owned fixed assets 10 Staff costs 640 831 2025 76,071 1.241 77,312 2024 Salaries and wages Pension costs 67,600 1,208 68,808 No employee received emoluments in excess of £60,000. 11 Tangible fixed assets Land and buildings Plant and Machinery Fixtures, fittings and equipment Total Cost or revaluation At l April 2024 At 31 March 2025 Depreciation and impairment At l April 2024 Depreciation charge for the year At 31 March 2025 78,933 78,933 23,451 23,451 3,304 3,304 105,688 105,688 10,359 613 10,972 505 135 640 10,864 748 11,612 Net book values At 31 March 2025 78,933 78,933 12,587 13,092 2,556 2,691 94,076 94,716 At 31 March 2024 12 Investments Freehold Investment Property Total Cost or revaluation At l April 2024 At 31 March 2025 1,194,700 1,194,7(11 1,194,700 1,194,7(Kl Net book values At 31 March 2025 1,194,700 1,194,700 1,194,700 1,194,700 At 31 March 2024
Sree Ayyappa angam Notes to the Accounts eva 13 Creditors: amounts falling due within one year 2025 2024 Other taxes and social security Other creditors Accruals 479 2,754 216 2,526 3,005 2,130 5,100 14 Creditors: amounts falling due after more than one year 2025 2024 Bank loans and overdrafts 387,436 387,436 422,611 422,611 15 Movement in fund5 Incoming resources At31 (including other At l April gains/losses 2024 Resources March 2025 expended Restricted funds: Unrestricted funds: General funds 854,982 248,846 {188,130) 915,698 Revaluation Reserves: Revaluation fund 74,768 74,768 Total revaluation reserves 74,768 74,768 Total funds 929,750 248,846 1188,130} 990,466 Purposes and restrictions in relation to the funds: Revaluation reserves Represent the amount by which investments exceed their historical cost. 16 Analysis of net assets between funds Unrestricted Restricted Total funds funds Fixed assets 15,143 1, 194,700 89,126 78,933 94,076 1,194,700 89,126 Investments Net current assets Creditors due in more than one yearand provisions 1387,4361 {387,4361 911,533 78,933 990,466 Paop11
Sree Ayyappa Seva Sangam Notes to the Accounts 17 Reconciliation of net debt At31 March 2025 At l April 2024 Cash flows Cash and cash equivalents 68,045 68,045 24,086 24,086 92,131 92.131 Bank loans {422,6111 {422,611) 35,175 35,175 (387,436) (387.436) Net debt (354,566) 59,261 (295,305) 18 Commitments Operating lease commitments Annual commitments under non-cancellable operating leases are as follows: 2025 Land and buildings 2025 2024 Land and buildings 2024 Other Other Operating leases with expiry date: Pension commitments 2025 2024 The pension cost charge to the charity amounted to: 1,241 1,208 PALYP 14
ree yyappa Seva angam Statement of Cash flows for the year ended 31 March 2025 2025 2024 Cash flows from operating activities Net income per Statement of Financial Activities 60,716 85,204 Adjustments for". Depreciation of property, plant and equipment Dividends, interest and rents from investments Decrease in trade and other payables 640 {34,278} 12,0951 831 127,622) (8,9891 Net cash provided by operating activities 24,983 49,424 Cash flow5 from investing activities Dividends, interest and rents from investments 34,278 27,622 Net cash from investing activities 34,278 27,622 Cash flows from financing activities Repayment of borrowings (35,1751 (40,834) Net cash used in financing activities (35,1751 140,834) Net increase in cash and cash equivalents 24,086 36,212 Cash and cash equivalents at the beginning of the year 68,045 31,833 Cash and cash equivalents at the end of the year 92,131 68,045 Components of cash and cash equivalents Cash and bank balances 92,131 68,045 92,131 68,045
Sree Ayyappa Seiia Sangam Detailed Statement of Financial Activities for the year ended 31 March 2025 Unrestricted funds Total funds Total funds 2025 2025 2024 Income and endowments from: Donations and legacies Donations 132,871 132,871 132,871 132,871 133,181 133,181 Charitable activities Pooja ficket Sales 57,802 57,802 57,802 57,802 44,672 44,672 Other trading activities Membership- Lifetime Hall Hire Sundry Sales Income Membership - Monthly Subscription 2,000 8,600 161 2,000 8,600 161 13,001 9,075 4,041 13,134 13,134 7,273 23,895 23,895 33,390 Other GiftAid 34,278 34,278 34,278 34,278 27,622 27,622 Total income and endowments 248,846 248,846 238,865 Expenditure on: Charitable activities Pooja Ticket Sales 38,135 38,135 38,135 38,135 28,198 28,198 Total of expenditure on charitsble activities 38,135 38.135 28,198 Other expenditure Bank loan and overdraft interest payable 26,295 26.295 20,636 26,295 26,295 20,636 Employee costs Salaries/wages Pension costs 76,071 1,241 12,400 89,712 76,071 1,241 12,400 89,712 67,600 1,208 8,173 76,981 Tempordry Staff Motor and travel costs Travel and 5ub5iStence 266 266 266 266 Premises c05t5 Rates 3,263 6,468 3,263 6,468 3,313 10,855 Light, heat and power
Sree Ayyappa Seva Sangam Detailed Statement of Financial Activities Premises cleaning Other premises costs 2,866 7,980 20,577 2,866 7,980 20,577 1,381 545 16,094 General administrative costs, including depreciation a nd amortisation Depreciation of Plant and Machinery Depreciation of Fixtures, fittings and equipment Bank charges Equipment expensed Equipment leasing and hire charges Equipment repairs and maintenance General insurances Postage and couriers Software, IT support and related COSt5 Stationery and printing Sundry expenses Telephone, fax and broadband 505 505 689 135 135 142 2,278 431 2,278 431 1,759 511 1,366 1,366 530 2,796 2,981 2,981 2,287 107 1,520 1,520 850 216 247 983 983 554 10,202 10,202 10,688 Legal and professional costs Accountancy and bookkeeping Other legal and professional costs 420 420 420 2,523 2,523 600 2,943 2,943 1,020 Totsl of expenditure of other costs Total expendlture Net gains on investments 149,995 149,995 125,463 188,130 188,130 153,661 Net income 60,716 60,716 85,204 Net income before other gains/(10sses) Other Gains 60,716 60,716 85,204 Net movement in funds 60,716 60,716 85,204 Reconciliation of funds: Total funds brought forward 929,750 929,750 844,546 Total funds carried forward 990,466 990,466 929,750 Px@p 17