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2022-03-31-accounts

Registered charity number 1074458
Trustees: Prof Diwaker Acharya (Humanities Division representative)
Prof Francis XClooney
Mr Shaunaka
Rishi Das
Lord Dholakia, OBE, DL
Dr Mark Edwards
(Theology Faculty representative)
Dr SBhattacharya-Ford
Prof Richard Gombrich
Mr Pujan
H Patel
Mr Ajay Piramal
Mrs Madhu
Ruia
Mr Azad Shivdasani
Prof Mark Smith (Oriental Studies representative)
Mr Ramesh Venkataraman
Prof Himan
Shruprabha		 Ray
Director: Shaunaka
Rishi Das
Auditors: Wenn Townsend
30St Giles
Oxford
OX1 3LE
Registered office: 15Magdalen
Street
Oxford
OX1 3AE
Bankers: Barclays Bank pic
P0Box333
Oxford
OX1 3HS

Awards for Students
Amit Mishra Bursary Maanya
Devi		 Patel
Gopal and Elizabeth
Krishna		 Bursary Barbora Sojkov
Dr Sivaswami
8 Renuka Nagraj		 Utsa Bose
Hansraj
and Kanchanben
Popat		 Bursary Ranjamrittika Bhowmik
Hanuman
Bursary		 Imran Visram, Barbora Sojkova
Jiva Gosvami Scholarship Maanya
Devi		 Patel
Nainika's
Bursary for Kashmir		 Shaivism 8 Sasha Taylor
Kashmiri
Hindu
Narasimhacharya
Bursary		 Valters Negribs
Parvathi
Foundation		 Yizhou
Liu
Prof. Makhan
Lal Roy Chowdhury		 Book prize Visvapriya
Desai
Wernicke Olesen's
Bursary for Sanskrit		 and Pali Visvapriya
Desai
Studies
Ramalah
Alagappan
Bursary		 Sharvi Maheshwari, Smridhi Chadha
Sri Gnianananda
Giri Peetam		 Society Mohini Gupta, Poorva Palekar,
Tristan
Elby Bursary		 Lucas Quinn

The Oxford Centre for Hindu Studies The Oxford Centre for Hindu Studies The Oxford Centre for Hindu Studies The Oxford Centre for Hindu Studies
Statement of financial activities
for the year ended 31 March 2022
Note Unrestricted
Funds		 Designated
Funds		 Restricted
Funds		 Endowment
Funds		 Total
Funds		 Unrestricted
Funds		 Designated
Funds		 Restricted
Funds		 Endowment
Funds		 Total
Funds
Incoming from: 6 6 f E 2022
f		 6 f 6 6 2021
Donations
Other donations
Government
grants
Charitable
activities
Investments		 242,774
40,022
222,155
515		 76,718 20.976
41		 84 340,468
40,022
222,155
647		 218,637
107,758
306,659
695		 49,548
24		 27,723
72		 506 295,908
107,758
306,659
1,297
Total income 505,466 76,725 21,017 84 603,292 633,749 49,572 27,795 506 711,622
Expenditure
on:
Charitable
activities		 528,816 28,567 11,728 1,611 570,722 533,110 23,697 18,556 14,194 589,557
Total expenditure 528,816 28,567 11,728 1,611 570,722 533,110 23,697 18,556 14,194 589,557
Net gains/(loss)
on investments		 10 4,860 (3,233) 956 5,493 8,076 12,625 10,667 6,228 38,996 68,516
Net income/expenditure (18,490) 44,925 10,245 3,966 40,646 113,264 36,542 15,467 25,308 190,581
Transfer between funds 18,801 (18,801) (500)
Net movement
in funds for		 the year 311 26,124 10,245 3,966 40,646 1'12,764 37,042 15,467 25,308 190,581
Total funds brought forward at 1 April 2021 114,255 212,836 394,642 215,959 937,692 1,491 175,794 379,175 190651 747 111
Total funds carried forward at 31 March 2022 114,566 238,960 404,887 219,925 978,338 114,255 212,836 394,642 215,959 937,692
At 3 1 March 2022
Note
2022 2021
Fixed assets
Investments 10 485,817 468,365
Tangible assets 11 4,035 7,401
489,852 475,766
Current assets
Debtors
Cash at		 bank and in hand 12 67,459
462,614		 69,004
452,147
530,073 521,151
Creditors
Amounts falling due
within one year 13 (41,587) (59,225)
Net current assets 488,486 461,926
Net assets 978,338 937,692
Funds
Unrestricted funds 114,566 114,255
Designated
Restricted funds		 14
15		 238,960
404,887		 212,836
394,642
Endowment funds 15 219,925 215,959
Total funds 978,338 937,692

2022f 2021
E
Cash flows from operating
activities:
Net cash provided
by operating
activities		 (analysed below) 22,320 82,829
Cash flows from investing
activities:
Interest/dividends
received
Net cash (transferred
in)/withdrawn
from investment
Purchase ofproperty,
plant and equipment		 account 647
(12,500)		 1,297
13,300
(3,023)
Net cash provided
by/(used
in) investing		 activities (11,853) 11,574
Change
in cash and cash equivalents
in		 the reporting period 10,467 94,403
Cash and cash equivalents
at the beginning		 ofthe reporting period 452,147 357,744
Cash and cash equivalents
at the end of		 the reporting period 462,614 452,147
Note:
Reconciliation
of net movement
in funds		 to net cash flow from operating activities
2022
f.		 2021f
Net movement
in funds for the reporting
period		 (as per the statement of
financial activities) 40,646 190,581
Adjustments
for:
Interest/dividends
received
Depreciation
charges		 (647)
3,366		 (1,297)
3,791
Gain on investments
Gifted shares
into investment
portfolio
Investment
management
fees
Decrease/(increase)
in debtors
(Decrease)/increase
in creditors		 (8,076)
3,124
1,545
(17,638)		 (68,516)
(33,338)
2,029
(26,402)
15,981
Net cash provided
by operating
activities		 22,320 82,829

Income from charitable
activities
Unrestricted Designated Restricted 2022 2021
Funds Funds Funds Total Total
F F F
Weekend
Schools
BAP's lunches		 25,243 25,243 44,783
600
Online course
Book Publishing		 195,663
1,249		 195,663
1,249		 259,174
2,102
222,155 222,155 306,659
ncome fr om investments
Unrestricted Designated Restricted Endowment 2022 2021
Funds Funds Funds Funds Total Total
F F F F
Interest receivable 34 34 342
Dividends receivable 481 41 84 613 955
515 41 84 647 1,297

Charitable
activities		 Charitable
activities
Unrestricted Designated Restricted Endowment 2022 2021
Funds Funds Funds Funds Total Total
F F F
Staff costs 238,753 238,753 225,258
Lectures, scholarships
and grants
Consultancy
fees
Rent, rates and service charges
Insurance —professional
indemnity		 146,492
61,145
541		 13,873
739		 11,378 171,743
61,884
541		 194,097
4,567
61,451
427
Insurance —general
Repairs and maintenance		 2,166
1,389		 2,166
1,389		 1,309
532
Printing,
postage and stationery		 1,359 1,359 556
Telephone 1,765 1,765 3,035
Travelling
and motor expenses
General expenses		 2,348
12,431		 2,348
12,431		 2,537
12,507
Interest and bank charges 6,985 6,985 7,677
Advertising
and marketing
Professional fees		 9,458
14,080		 11,993 9,458
26,073		 13,469
25,300
Investment
management
charges
Governance
costs (note 6)		 1,234
28,670		 62
1,900		 350 1,611 3,257
30,570		 2,984
33,851
528,816 28,567 11,728 1,611 570,722 589,557

basis o ffull time equivalent s,
was as		 follows:
2022 2021
Administration,
Continuing		 Education and Academic Staff 10 10
Employment
costs		 2022 2021
E F
Wages and salaries 223,985 204,970
National insurance
contributions		 11,154 16,787
Pension contributions 3,614 3,501
238,753 225,258

Investments

for the year		 Investments

for the year		 ended 31 March 2022
Investment
portfolio		 Cash Quoted
Reserves Investments Total
F f.
Market value
As at 1 April 2021
Cash transferred
in
Net disposals
Increase/(decrease)
Interest Received		 in market value 4,661
12,500
996
2		 463,704
(996)
8,076		 468,365
12,500
8,076
2
Dividends
Received		 226 226
Management
Charges		 (3,352) (3,352)
As at 31 March 2022 15,033 470,784 485,817
Market value of
UK quoted
investments
Overseas quoted
investments		 197,235
288,582
485,817

Tangible fixed assets
Fixtures,
fittings and
equipment Total
Cost f.
At 1 April 2021 44,543 44,543
Cost at 31 March 2022 44,543 44,543
Depreciation
At 1 April 2021
Charge for the year		 37,142
3,366		 37,142
3,366
At 31 March 2022 40,508 40,508
Net book values
At 31 March 2022 4,035 4,035
At 31 March 2021 7,401 7,401

Debtors
2022 2021
E
Prepayments and accrued income 67,459 69,004
67,459 69,004

within one year
2022 2021
Other taxes and social security costs 7,410 5,413
Accruals and deferred income 34,177 53,812
41,587 59,225

Designated
funds
2022 1 April Incoming Outgoing Transfers 31 March
2021
E		 2022f
Gopal 8 Elizabeth
Krishna
Gopal 8 Elizabeth
Krishna		 Fund
Endowment		 132,705
10,294		 176 (62) (9,000) 123,705
10,408
Gosvami
India Trip Fund
Sakta Research Programme		 1,000
4,642		 (2,638) 1,000
2,004
Library Equipment 99 42 141
Janaui Judith Claudine
Held Fund		 15,856 15,856
Gosvami Project
Research Funds Academics
CED Development
Fund		 8,661
8,000
7,500		 3,059
28,171		 (2,192)
(12,044)		 11,720
5,808
23,627
Academic Research
Endowment		 Fund 24,079 (3,402) 20,677
Shivdasani
Fellowship		 9,500 (6,205) (3,295)
Khaitan
Fund
Journal of Hindu Studies Profit Share
Bhagavata
Purana Research Project		 7,000
8,777
17,620		 (4,882) (2,118)
(4,388)		 4,389
17,620
Oxford Kirtan Funds 1,149 (544) 605
Nepal Summer School 1,400 1,400
212,836 73,492 (28,567) (18,801) 238,960
2021 1 April Incoming Outgoing Transfers 31 March
2020 2021
F E
Gopal 8 Elizabeth
Krishna		 Fund 132,705 132,705
Gopal & Elizabeth
Krishna		 Endowment 9,217 2,050 (973) 10,294
Gosvami
India Trip Fund
Sakta Research Programme		 1,000
16,917		 4,050 (18,725) 2,400 1,000
4,642
Library Equipment 99 99
Janaui Judith Claudine
Held		 Fund 15,856 15,856
Gosvami Project
Research Funds Academics
CED Development
Fund		 8,661
10,400
7,500		 (2,400) 8,661
8,000
7,500
Academic Research
Endowment		 Fund 24,079 24,079
Shivdasani
Fellowship		 3,500 (4,000) 500
175,794 60,240 (23,698) 500 212,836

Endowment
funds
2022 1 April Incoming Outgoing Transfers 31 March
2021
E		 f 2022
F
Giri Scholarship 215,959 5,577 (1,611) 219,925
2021 1 April Incoming Outgoing Transfers 31 March
2020 2021
F F F F
Giri Scholarship 190,651 39,502 (14,194) 215,959

Anal ysis of net assets betw een funds
2022 Unrestricted Designated Restricted Endowment 2022
Funds Funds Funds Fund Total
E F F E
Fund balances at 31 March 2022
were represented by:
Fixed assets 4,035 197,234 68,658 219,925 489,852
Current assets 152,118 41,726 336,229 530,073
Liabilities (41,587) (41,587)
Total net assets 114,566 238,960 404,887 219,925 978,338
2021 Unrestricted Designated Restricted Endowment 2021
Funds Funds Funds Fund Total
F F
Fund balances at 31 March 2021
were represented by:
Fixed assets 5,502 198,910 55,395 215,959 475,766
Current assets 167,978 13,926 339,247 521,151
Liabilities (59,225) (59,225)
Total net (liabilities)/assets 114,255 212,836 394,642 215,959 937,692

2022 2021
F F
Land &Buildings
&1 year 55,035 55,035
Between 2 and 5years 100,784 13,759
155,819 68,794
2022 2021
Photocopier
&1 year 288
288