SYD UK (a Company Limited by Guarantee) Company No: 04217305 Register￿ Charity No: 1090984 FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2021 lli •AAZYVTWG' 1710312022 c￿PANIEs HOUSE 237 SYD UK (a Company Limited by Guarantee) Tnffjte•s •nd Directors M. ChJudhary J. Whrtehom J. SThth EC1A 78L Barc4ay5 Bank F4c PO 8ox ￿. 4¢J3B SW12 9YB Kiryston Smith LLP t)e￿￿Sh1re H￿$8 60 G0$4*M Rowj Lonthsn EC1M 7A[) BOB Pilmans LLP LC￿¢￿0￿ ECIA 78L YD UK Ltsj EC1A 78L Pw.. I SYD UK (a Company Limited by Guarantee) Trustees. Report For the year ended 31st December 2021 The Iruslees submit Ih&r re￿)rt and the ac£oJnts lor th8 year ended 3151 Decemt*r 2021. The chwty vffjs ncO￿¥￿a1ed as a compaty limited by 9uarantee on 15th May 2￿1 and CoMme￿e￿ its xlivit*s on 71h June 2002. The financ￿1 51ateTnents comply Current sratutory requirements, Ihe ￿e￿ra￿￿urn and AriKle5 of AssoualK)n and th8 Ststement of Recommended Prdcire tts ¢haril*S PrtpariNJ tl*"r *￿Ints in aunrd8nce the Financial RewrtiThJ Starntsrd aPr￿￿ble in the UK and Republic of IrelaTrJ lThe FRS 102 Charit￿$ SORPI. The re9islered ehartty nvmbw is 10SW IC(thpany 4211￿5) and the w¥emirwJ dC£￿ent 15 thè Memorandum and Artides of AsXoat￿n. In August 2009. ts mer￿￿￿j￿rn and Art#Jes ol Associalion UFrfJaled lo CLryvenl UK law le.g. Compan*s AX2rKfji. Trustees The Trustees w￿) seNed the cwpanytlurirvj as ￿k71￿." J Whitsttom M. ChoLKlhary J. Smrth Trustees, Resportslb111￿s The trustee5 (who a￿ also tJire¢itys of SYD UK lor Its of ¢4ywany law) are resFWty￿e for prepariTrJ the Trustees. RerKJrt and Ihe fin￿al staternenls in accc¥dance wth akWKable law a￿1 Lknited Kingjtym Accountin9 sta￿ards (United KirNJrk)m GenerallyAccepied Practice) Cowny law rewiw the trvstees to ￿ar￿1 ststements lor finarK•al giv8 a true fair view of the stale of affai￿ of Ihe chantatse C￿panY aTrJ of the incoming tes(wrces and appl￿tiOn of rescyjrces, d￿jIrY￿ the in(x)mÈ arvj expenditu￿. af th8 chantat48 L>Ji¥>any lor that Feric#J. In weparirMJ these financlal stalernenls, Ihe trnstee5 are required to.. 8decl suitat48 accwnliThJ polKies and then apF4y them c￿￿1steD￿￿. obsefft the methods anil pnnopks in the Charii*s SORP,. make juth3ernents and estirn8tes that èrE fEasonaNÈ and 1xu￿tr. 5tste vknether applicatle UK ACCXAJnti￿ StaThJarOs have been sutyect to ￿Y material departures disdosed explained in the financi& Statements". kyepare the finarrial $talen￿nts on the corKem b3515 unle55 it 15 inaFwopria18 b) prB5urne thal th* Char 11 ojn1￿ue in busir*55. The tnjstees are ￿s￿r￿ble for keepiNJ rryer a¢(￿nti￿ re(x)rds dtsdose *ith reasonabfe 8ccuracy al any lime the financial po8itw ol the chantat4e company ar¥J enabk them lo ensure that the financial 51aternents ojmply with the Companie5 ALI 2Tr)6 a￿j of Ihe Consbtution. TW a￿ also fesponsible for safe9uarylirg the assels of Ihe chanlaNe wnparty aTrJ herx8 taking ￿aSonable step5 ILW the preVent￿Tr 8nd detection offraud and other irregdaritie5. SYD UK (a Company Limited by Guarantee) Trustees. Report For the year ended 31st December 2021 Current Poll¢y and Pro¢edures forthe Irrtlu¢tion of New Truste When becoming a Trustee, Ihe pe￿n 15 lamiliansed wth the role of Trustee. Ihe parts"cular responsibih"b"es of Truslee they may ts r8tyaur¥J as ￿11 as hawThJ time to stu¢* the key drKuments sug3e5ted by the Charty Commtss￿n In wNicats¢)n CC30 -Finding new truslee$- whal chariles need to k￿,. AOKants for Trustees are ￿tervIe￿IE￿ by mernber5 of the 8oart. A Criminal Records check is aLso carried out and the Board memters plete aTrJ swjn lh¢ d¢darat*in of e1￿JibIfy FYov¥Jed on the Charity Commissv)n 7Atbsite. Obh¢L Actiwty and 6U$lrrf￿ R¢¥l¢w SYD UK has b88n Ic￿Med 35 a rdigK)us Charitab￿ trusL wriih Ihe ctyci 10 •Jvance ts in accordance wNh th8 pri￿lpIeS of the Siddha Yoga tradikn. in partular tknugh the propagat￿ i)f the teathings of Swan MuktsnaThJa Pafamahamsa and S*•mi ChK1thlasananda. DuriThJ 2021 SYD UK Satisf￿ thi5 charitat￿e obj.ect thrUU￿." lil Fatslrtated meetings the ka*rship in the c(xnmur*ty *Aa online rA8fforrns. and regular etrnmuThc•tions with the IY4Jerttmmunty. Iiil Thore *ere ￿ prowimes ¢ygantsed ty SYD in wyof Ileirvenuesdue to the pandemic. lili) Community members **re guK1ed ¢0 de￿e deepty into the teachyy of Shjdha Yoga. livl A propct to rnake prOVKwc￿ fcrf S￿ha Ycqa t8achiThJ ￿ *amtNJ mat*iaLs (Book* COS. DVD'S. elcl Y•ilhwi the UK was laun¢hed and i8 currently in pr(>Jr8SS. Iv) A woiect to make Ihe cuTrnt SYD UK ￿118 more u58rfrierKIty v•Bs L1￿ched and is currenity in pIr)a￿$s. Ivil Provithng ojrnfort to Ihe tereaved through teachings and fv.ces ol Sthha Y&Ja MethiatK)n. Iviil Granl rnaking in wpp¢¥t ofthe Ir￿ema￿ Miss￿ ot Siddha Y￿Ja Pledrtabon {futhr detaib bekm). Durin9 2021. SYD UK'S Direc￿1$ and EmptJ>ees upjath." lil The rnaln admin¢5trative finanual function5 ￿ntInUEd be effioentty carYi&J oul by one ful slaff rnember. suprKJrteiJ on all fronis by¥￿Unte8rS gave generoL* ol Iheirtime aTrJ skilLs. lill There ￿re ￿ charoes in Truste85 or in Ihè Bowd cl OKec&YS in Ihe year. Bwness Revw. lil The level of th)natM)ns has ¢ecxeaseil during thi$ JEar c￿Par￿￿ 19 2020. In 2020 Ihe amount of donation¥ receiveé was part¢ularty h#Jh due to a bequest Drmatiorts re¢eNed al fxjnth.bute to Ihe smooth running of the charity- Publk B•nefft The actNitie5 described dernw5trai¢ tho puUt benefit of SVD UK arKI fit ￿ with Charity Commissi Gu￿ance on public b¢n8fit for religbjus C￿rit￿P5 aTrJ the Gontoin6d in 'publiG bei*fil.' runnlng a eharity IP821'. As such. th¢ Trusiee$ ￿ri￿n that they have Corn￿￿d wilh th8 duty in seclw 17 of Chwiti85 kl 2011 to have 4Jue regard to the Chatty Commssbx's general guwJarKe gn publi¢ be￿iL SYD UK (a Company Limited by Guarantee) Trustees, Report For the year ended 31st December 2021 Re8•p*•8 Pollcy natwal S￿d￿a Yogo oryarmsaiiws *ith the assIsta￿e ol SYDA F￿jndatirn. The reseNe *vel is TÈviÈwed annually, the current minirnurn target levd beiw £S).OC¥). a level Ih81 ts capab* d Tr%etiry 12 rnoTrths of operation* e¥￿e￿ilure. In 2020. a wnbrwery rEserve fitnd of £20.0)O was ￿ded lo tackle any unforeseen siluakn¢Ms faced by the chanty due to current vncetsn ¥risiN4 fr¢m r>)vid. As ai 31 Dec*mber 2021, ￿1h Iree reseryes 01£68.24612020.. £75.932lthe th*15 li li￿ thbs policy. Grants In 2021. SYD UK awarded grants ttstslling £17.60912O￿.. £￿.￿￿01. Ths was made 50W out ol unre51riGted fun¢Js. A granlof £1.109 12020.. £40.3801 *dS rn*Je to Ihe SYDA FtyJrnJalh)n to suFyort maintain and preserve the buildirrfJ5 of Shree Wklanaada kshraffl. rnaintain the main inlemalwxal relreal ¥4te of Siddha Yoga Meditation. and lo prrKNrte SKldha Y(tya wortdwth. wth p￿L9r emthass on Ihe cr*xdinats"cn of teathing evenls ol Siddha Yoja Swarrys and Scho17F5. TIE Trustees also decAded io m&ke a Grant ol £16.50012020.. £16,500) kn SYSEU. UK a cwty has sirr￿ar¢￿'¢¢lTrrts w SYD UK. Resul¢s The resutts trthe yew are stalwj on pagE 7. Ri6k Ass•B6rnent Statoffl•n¢ The Trustees have idenbf*d the wn(ipal are&s of potential risk to ¢he tharity and are erbyaged in èn ongoing prLtess ol rewewng each wenbal risk a￿a and. where approtYi**. pulting in rr*asU￿s ￿ mth3818 5uth risks. Al SYD UK meebw veN88 rema￿8￿ i*Jsed ¢Jumg Ihe Jtar due b) the hNJh r*ks Klenlirl￿j from Covid-19. R¢l•ted PartiP5 d￿SemInateS the teachings ol &ddha Y¢>Ja thr(w￿l worfd. SYO UK rnake5 grants in SUPPDrt of Ihe intem*Dn31 mi55K)n ol SYDA and the upkeep of the resKlenik81 centre in upstate New Y¢yk which serves a5 the ￿adqUarterS of SYOA. SYDA FuJF*laN)n is ft*ni1c￿ert in the ArnC￿s ol Asxtiaiw ol SYD UK and ha5 teen granted certain rvJhts Ibithin the Astides. for eY2rnp￿ SYDA Fr￿n￿a￿.0n needs lo ap¢w¥e thanges to the Arbcle5 the apwntmenl of Trustee5. SYDA FtyJndaL4)n al￿ has Ihe r¥Jht lo rKrfnir$8le sorreone to sclve disputes betseen Truslee5 of SYD UK slwkl they tt¢*r. FLrturn Pl8n8 During Ihe Lyxning ￿ar, inieTrJ to CLmtiMe to suFw*rt Ihe n¥S5r￿ of SKSJha Ycga K*ditatThi in th2 UK ift a Sirr￿￿ rnènner lo 2021. P8c* *ll be eTh￿ra￿ to wnect to pk3fforn￿ to svFy¢rt th*r stULIy and proGt¢x$. This wll conbNe u￿1 Ihe Board dec¥des that risks Cwd are (x)n$KJgmb lower. The Boar(1 wil mi¢w Ihe Situ*iw arvj folow Govemff*nt wi¢Jelines and make inforrne dec45iY5 accry4irEty. Risk A5S&V*n*rts art beiNJ carried tyjt in all SYO UK Ver￿e5 lo a55ess ¥k*ility of opening up Ihese venues durry I￿Se thal*ryirvJ tin*s. Tr* leadeth"p wrfl make 8 deristh after Ihese risk assessments have been fully revEwed and asse55erS. During Ihe year. the 8oard made tr* r*e IhÈ ol the Fina￿8 &j￿n￿traILW and lo pass those rew%bililN?s to vc4unleefs lo re¢Juc* costs ¢0 en5we Ihe 5￿ta￿abIltyof Ihè I*￿ty. The Tru5t£os laurKW a ￿$tru¢￿ANj proJÈ& in 2020 88 a part of thw strategic W toward5 suslainab wuking and 5ucce5sion The T￿s￿eS aL￿ launcthed a Menlnrry Prq"eL* ￿ 2020 35 part of 5tratwc plan lo n*ntor lutwe dots Ihe y*ars to ¢on*. Ths wogramn* was stttesshjty ¢)Yry￿e￿ in Decerrdjer 2021 and WIH be refined and rdled over lo the nExI in 3)22. The FouThler CrtyJp of Mentus gave v￿￿nting1y in crealing thB excellent wc43r￿￿ SYD UK trKwW Ihe Boarf 1$ gra*fvi. 14g¢". 4 SYD UK (a Company Limited by Guarantee) Trustees Report For the year ended 31 st December 2021 Small Ctynp•ny Rul•s These a¢csJnts have been wepared *i ac0)r¢la￿* ￿lIh the speDal kxmsions of P*1 15 of the Cunpanies Act 2006 re181iThJ to sm*1 tompanw aThY the StaterrtNt of Recomme￿Ie￿ Prxbc* app1Kab￿ to charits.es p￿pating t￿1r ao>)unts in accordan￿ with the FinaTrial Re￿AlIn9 Stsndard appltab)e in the UK and Rewtikof Irdand IT￿ SORP FRS 1021. bghall 5 Klanlsha cl￿dh￿Y Independent Examinerfs Report to the Trustees of SYD UK I report to the chaw trt6tees my examina1K￿ ofthe aCt￿ts01 Ihe cr*n￿Y ihe year ernled 31 tI8C8rnber2021. Rqwon5ibiliti8s *nd t￿15 of report As the tharity's tnJslees of the Ccfflpany land also ils directc¥s lor the purposes ol cr)mpany lawl you a resrKJnsi￿e for the preparatw of Ihe a¢crMJn15 in Xc0￿1ar￿e w•th Ihe requirements ol the Corywank?s Aci 20061.the 2￿6 Act'l. Having $alKsfied my5811 that the accounts of Ihe coM￿Y are to bg a￿lited under Part 16 of the 2006 Ad and a￿ dwa1b￿ lor indeperxlent eXarnlnat￿n. I reK*yI in re5Fecl ol my exarrMn*K)n OF ￿ur chariws acc¢unts as carried out under 145 of the ChwtEs Acl 2011 Clhe 201 l Acl'l. In carrying out my examinaticfi I have the Th"re¢1K￿$ gNen bythe Chanty Coythissw uThJer secthon 14451 Ibl of Ihe 201 I Ad. Ind8pgndeni Examlnerfs Sta¢•mgnt I have ccmpleted my examinalion. I ctthm Ihat fKJ matters have c£wne to my attention in wnne¢lKJn kn7th the eX¥nin*￿n gMNJ me ¢aiJse to IAwe.' a￿￿nting records not kerA ffi resp￿￿ Company as requiwed ty sedw 386 of the 21 31 the acC￿ntS do noi ac(x)￿ ￿th those ￿rdS.. or the acC￿ntS do rnl cornF4y ￿1h the acC￿￿ting rewirements of se¢tw 3* of tho 2006 Ad olher Ihan any rEwireff*nl that the acc￿nts gNe a arhj fairvvw is not a matt¢r consilered a5 part of an indeFe￿eThI exarninati￿.. or the acoxnts have p￿Pared in ac￿r￿anCe YAryth the n*lMd$ and oftF* ststerr*nt of Reo)mmended Practi￿ forac¢xwnting arn1 rep)rbng by charilies applicatsle to chanties preparing their in acCOrdar￿ FinarKia Repytir¥J StarKta¥ds 8pplifxi4e in the UK and Republic of IT￿aTrI IFR51(r21. 41 I have no aTrJ have c>Th across rK) olher mattws wi ￿th the eY￿￿natth to attention $htyJl¢J be in Ihk8 ￿[￿y1 ￿ orthr to enai* a KwrwthJer5taTrJiThJ ￿ Ihe acwJnt5 lo be reathed. Kar•n W•rdell IFCCA ICAE Partner For and on of Al¢we K#wsion Smith LLP Chartered A¢¥￿￿￿ts D*.. 14 March 2022 Lo EC1M 7AD Py.. 6 SYD UK (a Company Limited by Guarantee) Statement of Financial Activities For the year ended 31 st December 2021 Unrestrlct•d Funds Total Total 2020 INCOME AND EXPEK)rruRE Incorn• frorn.. DonatTons and fegacaeB InveStn￿rIt9 Other ino) Charilatle a¢*wl*S 37.685 37.685 110.279 41 1.292 7,498 1.591 Totsl 39.282 39.282 119.110 Expenditure on". Raisir¥J lund5 Chaniatde A¢tivibes Grants made Me¢tiThJ$ and ￿treats Other tharila￿e ojsts 13 15 17.￿9 17.609 56.880 14 29.226 35.667 Tol•l 47.171 93.755 N•t in¢onWl•xwnditur•l (7,8891 17.8891 25,355 Totrl fvTras ￿h1 fonyard 76.562 51.207 Tolal furyJ5 carried fowd 68.673 68.673 l Inco￿ in the 2020 aTrJ 2021 financd hEar5 was th￿sIrthd. I disdosu￿s rdale onty to cOr￿'r¥Jiry operatwjis. There are rK) recrynwd or kjsses olherthan th8 net ir¥)JmiThJ reS￿reeS for Ihe yew. A separate In¢)yne and Expend[lu￿ k(xxtht has been wep*eil as rt nol malerialty drffer fr{￿ the Statement of Financk81 ktivib"8S. SYD UK (a Company Limited by Guardntee) Balance Sheet at 31st December 2021 2020 Fix•d Asséts Tangible assets 427 570 CurrentAs8•ts Stocks Debtors Cash at bank aTrJ in hand .3.257 2.420 5.724 127,857 65.087 73.43B 136,C4)1 Cr¢ditorn: Am¢yJnts fall•ng due within on• year 5.1¥2 Plet Current As8•ts 68.246 75,992 T<>tal A55•ts 68.673 76.562 Fund5 Vnreslricled Funds.. G*wral Fund 68.673 76,562 68.673 For Ihe year endiry 31 Decenthr 2021. the is exempt frDm rMLifE￿￿nts rekliry to preparing a￿Jited in act0rd8￿ *ilh Se¢tth 477 of the CrYnpa￿￿ Act 2CTh r8L8b"rG to small fxjrnpanies. The membws have not required the (￿MpanY to Oblo￿ an of its ￿£￿nIS ts lh8 year in qUes￿On in rdarKe *ith set￿On 476 of the Ctynpan*s Acl 2(￿. Th&direct￿ *In￿ledge th•r re¥￿S1￿"￿ty lNctrfnp￿9 wilh the wuiren￿ts ol the A¢t*ith resK*et to These ￿UnIS have teen pr￿lEd wi 8£tjy￿ *ilh Ih? ar4)lif* to ¢rmpan*s to the smal ¢ornpan*s' regime. .D2.402 and W. T77ts Corrwrty Ntr: 0421730& PaRC'. 8 SYD UK la Company Limited by Guarantee) Notes to the Financial Statements For the year ended 31st December 2021 1 A￿ntIng Pollclqs Accounting Conbyntion The financol stateft￿nts have been ￿epare¢3 in accAydanr* wilh the Finan￿al StaThJard awitable in the UK aTrJ Reputdic of Ireland IFRS 1021 wblished on 16 JU￿ ￿14. The fxjmpany is a put￿lC benefit entity a regtstered charity 8stablished a5 a cornpany limited by tyarantee and therefo￿ has also pa￿ rts financial slatements 1ft arxordance ￿th the Ststement of Recornmended Practi￿ appliCa￿e to Charilies p￿paring accounts ￿ a¢)x*dan¢e wilh the Financial Reprmts"￿ Standard in the UK Repu￿￿ of IreLar#4 (The FRS 102 Chaiit*5 SORPI. the compan￿ Acl and Charibes Ad 2011. Th¢ fina￿*81 stateThnts are wepared in stsrting. is ￿ fiJnc￿l3l ¢)Jrrency of ts charity. Amounts presenknj a￿ roun(kd lo Ihe nea￿1 pwTrJ. Going Con¢*m and Slgrtbficant E¥wrts Afterlhe R¢pwtiThJ Dat• The tru5tee5 have assessed 7hthether the use of 1he goiNJ concem is appropriate and have f*Jn&dered possitle e¥enls or condit￿n5 that mb3ht Cast swJnffjcant doubt on the a￿lty of the chantable eomparty to continue as a gc*1￿ crrtem. The Irugtee$ have made Ihis assessrnent for a period of èt least one year from Ihe ijats of the appro*dl of these finaroal ststements. In particular. ts trustee5 have cons¢*red the charitat4e compatys forecasts and prc¥ecbons and have tsken account of p￿SSu￿ incrjrne. After making ewuiries. Ihe trustees have c￿duded that there i% a ￿aSOnable expectatKJn that the charitats* company has alequate resources to conbnue in operational exislerKe for the foreseeable future. The chanta￿e company lherefo￿ to •Yopt the b￿S In Fryaring rt5 financkql statements. With regard to Ihe annual financial stateffents a$ ot 31 December 2021. the COVID-19 pandemic is not conydored to have harl or ￿tinUe to have a material effecl on Ihe fina￿101 stalements. While the spread of the coronavirus has had a negatsve impact on txfyne5s *b¥￿e$. it i% ￿trenVY tx)I Wssib￿ to make a reliable e$tirnate on the depth of the impact on tryJsiness xtyvities. We assu￿ that thi5 d¢x$ not rrf*re$ent a th￿¥1 to the Compaty$ ability to wib.nue as a going cOr￿em. There are no furtherevents afterthe baLqnce Sheet dale that rety1￿ I*sL*)sure. Income Incoft￿ al Sour￿ s xcajnbj for on a rec*ivable basis Ih8re 15 evidence of en￿t￿Ment. Ihe rec8ipt is probable and tl* amounl can be Measu￿ rdiably. Oir•ct Charitable Ex￿ndI￿r• Oirect charitable e¥per*Siture indudes al èxkwdi￿￿ Ilur￿ in wfsuance ofthe charitys obje¢b"ves. Grants payable a￿ ¥icbJded In the Sl*rrent of F￿arKI81 Ath"vibes apkwoveij by trust¢8$ and offered to Ihe grantee. Expertses incurreear as detailed above. We do not believe there to be any other key judgm@nts ￿ estimation urKgrtaintieG. 2 N•t incomiiW(outgoin91 I•￿￿1¢¢$ fty th• y•ar ThB is stated after chargwng.. 2021 2020 Independ8rnt eyArnIr￿s, remunerabon.. Independenl ¢yaminalK 4,7S2 3 In¥•stm•nt Incoff 2021 2020 Bank interest reteivablè 41 pa￿.. 10 SYD UK {a Company Limited by Guarantee) Notes to the Financial Statements For the year ended 31st December 2021 (Continued) 4 Incomv fr¢ffl charllabl¢ Kllvl 2020 IntensNes arKI cfjurses 7.498 5 Other In¢om• 2020 Bc•Jkstore C¥)mm￿Ja￿￿. meab. amril and 0th8r income 1.468 123 1,166 126 1.591 1.292 6 Staff Costs 21121 2020 Sak8ry 20.138 20.138 20.138 20.138 The charity had 1 12020: 11 emplo￿ dvring the year. w￿) r8ceNed K8ss than £60,OC¥). There were no reimbursernents to twstees durirg Ihe ￿TI2020.. nil) aryj ￿ trusiee receNed remunerat￿{202o.. nill. The chaiity ths rnt COTr￿￿er any of the stsff renwr¢rated to be keyman8gen*ni personnel. 7 Tanglble FIX￿ Asa•ts FrAtures and Flttlngs Cost orvaluaiion Cost as 1st Jarnuary ar•J 31st December 2.640 Dtprteiation Al 1st January 2021 Charge for Ihe year Al 31st Decemter 3)21 2,070 143 2.213 Nei Book Value At 31st December 2021 427 Al 315t Decombgr 2020 570 8 Stocks 2021 2020 3,257 2,420 9 O•biors 2021 2020 0th8rdebtrJrs Prepayments 5.051 5.563 161 5,724 Pasc.. l 1 SYD UK (a Company Limited by Guarantee) Notes to the Financial Statements For the year ended 31st December 2021 (Continued) 10 Creditors.. Amounts 14lllng du• within on• y••r 2020 Trade crejitors Grant treditor Taxat*￿ and S￿81 seoJrity Sundry (yediiors a￿1 acfJiJals 288 301 5.040 5.192 60,009 11 R•lat•d Partigs SYD UK Lirnited has a &ster olyank4￿￿ in Ihe Unibj Slate5 of AmerKa (the SYDA FourK1atw￿) ¥&ilh sirnlar objECtNes. Durin9 the year SYD UK Limited has enlera(l into transactions and rnade grants lo SYDA Fr*Jndabon ￿ rE5kWt of rfs *ork. FLAI OetaiL* of thÈ grants made are disdosed in Note 15 to these ar￿unts. Included in creditor5 an arnounl of £nil 12020.. £40.3801 wtruch wrd5 ue frr￿ SYO UK Limited to SYDA FourKlation at olthe year. 3 tnkstee$12020.. 31 made un￿lIK￿y (&xotws btahYJ £W2 to SYO UK year12020.. £4011. 12 lknbgrs. Uabillty The nufjthr ol ft*mbws at 31st Dw*mber 2￿21 was 312tr2tr. 31, 8Th1 their Ikqbility in the event of the TrMndirvJ up of the cornpany Is Iimiled lo £1 exh. TDJstee's indemnty ir6urarte was wrcNgsed during tre yeara5 Part of a c¥)mtx"ned Ot¢yaL a cost of£44612020.. £1.9291. 13 Cmt ol r•tslno fvrlds TfAo1 2021 Total 2020 Bookstore 1,L¥)6 14 Oihercharitsble costs T¢knl 2021 Total 2020 Rent and rates Tetephone Hire and use of pwises and Insuran Printing, Stol￿ntry arrtl wsla4e Legal 8 kYgfes$i￿ Miscellaneou5 exk*nse Oepreciali Salaries Database costs Independent examiners lee 8ank charges 139 636 176 1,537 1.918 612 493 281 61 493 193 143 "20,138 453 4,560 693 20.138 29,226 35,867 PaF.12 SYD UK (a Company Limited by Guarantee) Notes to the Financial Ststements For the year ended 31st DeGember 2021 (Continued) 15 Gr•nts In 2021. SYD UK alyarded tt)tallMvJ £1,109 {2020.. £40.W}kJ the SYDA Found81K￿ lor lh8 development atwj maintenance ol Buddirys aTr4 TemrAes In Shree MvklanaTrJa K8hrarn. the SKldha Yoga Websitè and Swarr# and S(*oL8r (xxjrdination aThJ t16.5CIJ12020.. £16.￿￿}1 lo SYSEU, UK, charity wh¢h has a siftNlarth"e(ts to SYD UK. 10 5uprth 1h81r0per3tK￿. P4r".1S