Registered Charity Number 1103746 Registered Company Number 5091856 Sivananda Yoga Vedanta Centre (A Charitable Company Limited By Guarantee) Unaudited Accounts For the year ended 31 December 2023
Sivananda Yoga Vedanta Centre Report and accounts Contents Reference and administrative infomialion Truslees. annual report Independent examinerfs report Statement of financial activibes {Incorporating an income and expendiiure account) Balan sheet Notes to the financial statements 10-15
Sivananda Yoga Vedanta Centre Reference and administralive infomiation For the year ended 31 December 2023 Charlty name Sivananda Yoga Vedanta Cenire IA Charitable Company Limr(e(I by Guarantee) Nature of gov8rning docum#nt Mèmorandum and Artides ol Assooation Regi$t•r8d company nUMr 5091856 Registered charity number 1103746 Directors l Trustees President- Biigitte Ftel¢her I Swami Ourgananda) Vice President- Florence Ailhjt I Swami Kailasananda> Treasurer- Jonas Mueller ( Swami S1vadasanata} Rony Magazanic I Swami Swaitx)pananda) Mark Ashley I Srinivasan) Maria Guag1iano (Kanli Dew) Swami Sitaramananda Maartie Johanna 0ndeaterIarn1 JyDtirrrtayanandal HedvKo Selmeier (Swami Ramapriyanandal Sabine Margathe Malecek ISami Gokulananda) Sècrètary Florence Ailk)t I Swami Kali asananda) Accountantsl Independent Examiner Monika Hazellon Winston Hazelton & Co Ltd Certtfied Charieied A¢UntantS 34 Arfington Road London NW17HU Bankers Royal Bank of Sr>)Iland 36 New Bridge ste1 Lornlon EC4V 6BJ Solieito Russell-cooke 2 Putney Hill London SW15 6AB Registered officèl Operational address 51 Felsham Road London SW15 1AZ
Sivananda Yoga Vedanta Centre Trustees. annual report For the year ended 31 December 2023 The Iruslees who are also directors under company13w. present their report and financial statements for the year ended 31 December 2023. The trustees ¢onfim) that the finanaal statements Comply wlh current statutory requirements, the memorandum and articles of association and the Charities Slalement of Recommended Practr"ce {SORP) - Ac¢ounling and Reporting by Charities SORP applicable to charities preparing their accounts in accordance with FRS 102 effective 1 January 2019. Structure. Gov•man¢o and Management Goveming document SNananda Yoga Vedanta Centre is a company limited by guaranlee. number 5091856 incorporated on 2 April 2004 and a charty registered wlh the Charity Commission on 13 May 2tKJ4. number 1103746. The charity is govemed by its Memorandum and Arb"cles ol Association. The company has no Share caimlal bLrt under the terms of its MeMandum of Associats'on every member is liable to contribute a sum not exceeding £1 in the event that the company is wound up ilsl they are a member or for one year theafter_ The number of trustees shall rK*t be less than six rnembers nor more than ten. The number of trustees al psent is len (2022." lenl. Recruitment and appointment of board of management The members of the Board of Management are the members in a¢rdan %Mth ihe Artides of Association. Under the requirements of the Memorandum and Articles ol A550¢iation the members of the Board of Management are elected by the Board of Management to seNe for a period of 3 years after which they may be r&appointed for one or MO further temis of thee years. AJI officers musl be sympathetic to the teachings of Sri Swami Sivananda Maharaj. The tfustees are.. Brigitte Fletcher (Swami Durgananda) Florence Aillot {Swdmi Kailasanandal Jonas Mueller (Swami Sivadasananda) Rony Magazanic (Swami Swaroopananda) Mark Ashley Isiinivasan} Maria Guagliano (Kanti Devi} Swami Silaramananda Maartje Johanna Onderwaler (Swami Jyotirmayananda) Hedwig Selmeier {Swami Ramapriyananda) Sabine Margarelhe Male¢ek (Swami Gokulananda) Organisalional structure The business of the Centre is managed by the Board of Management as a vthole and they a responsible lor the strategic direcb.on and policy of the charity. Certain trustees- Sswdmi Kailasananda, Swami Durgananda. Swami Sivadasananda and Swami Jyotimiayananda who are experienced in the operational and financial issues of associated Centres vthich are part ol the Sivananda Yoga Vedanta worldwide movement- play a more active role as Iruslees of the cenlre. Responsibility for the day to day management of the Centre was delegated to the Centre DirLrtCf. Swami Jyolirmayananda who is responsible for all the acliwties of the centre.
Sivananda Yoga Vedanta Centre Trustee$. annual report For the year ended 31 December 2023 Tfuslee induction and training The Iiuslees a already familiar wlh the practical of the charty being prtiSing Yogis themselves. All a sympathetic lo the leaching5 of Sri Swami Sivananda Maharaj and generally are active in other associated non profil making cenlres vthich are part of Ihe Sivananda Yoga Vedanta Centre movement worldwide. Most trustees are active in the annual budgth'ng presS and are very familiar wth the objectives of the Centre. Infomiation regarding the dutes of trustees is circulated lo and discussed vAth all trustees. Risk rnanagement The board of management regularty conducts a review of the major risks to bthich the charity is exposed. Regular reporting to the boaid of management helps minimise financial and operats'onal ri5k$ and certain Iruslees visit the centre. Individuals invofved in running any cla55es a reqUId to have the appropriate qualifications. Insurance is in place lo protect againsl 0rat risks. The charity's risk assessment has been updaled and fine-tuned furtsr under the guidance of a professional risk consultant. Related parties The Centre is affiliated in spirit. lo the extent pemiitted by applicable laws and the objects of the Centre, in aim and activity, wlh the Sivananda Yoga Vedanta Cenlre, Val Morin, Quebec, Canada, ich wa5 registed as a non-profit corpK)ralion in the Province of QUec. Canada in ¢onlomiity wlh Arb'cle 2, Chapter 271, Slatules 1964 of Canadian legislalK)n on 29 November 1965. There a affiliated Centres throughout Ihe Objectives. a¢tivitl&$ and public benefit The Cenlre's principal activity during the year remains to advance the Hindu religK)n as a way ol life by the propagation, practice and dissemination of the spiritual teachings and doctrines of the Indian saint, mystic and sage His Holiness Sri Swami SivanarKla, founder of the DNiine Lile Society, Rishikesh, India, who taught the yoga of synthesis as a means lo reach physical and menlal welbeing and ultimately Sell-realisatKJn. The trustees have had due regard to Ihe guidance issued by the Charity Cornmissioners, including public benefit guidance. and they consider that the work carried out by the centre is for the publi benefft. In furtherance of these objects the Centre brings together persons Intested in the discipline of Yoga and prornoles the knovledge of such discipline. This is achieved by running a centre al ils operational address to promote Ihe theory and pracbce of such a dilpI1ne. Projeds are occagonally undertaken al other venues. Classes in me(lilalion, yoga and relaxation are offered. The five basic win¢ples of yoga promoted by Swami Vishnudevananda are taught as part of the classes. Certificate course5, retrea15 and special programmes take place al the ¢entre and occasionally at other venues. Inwted guests visit the cent lo assist in providing some of the special programmes_ Investment and fvndlng The trustees confimi that all the income and expendibJre is for the sole purwjse of meeting these (lectIves.
Sivananda Yoga Vedanta Centre Trustees, annual report For the year ended 31 December 2023 Achlavements and perfomian¢e The main area of charitable activity is the running of classes. courses. orkshops. residentia1 certificate ¢ourses held at the centre and retreats lo a¢hEve the Chairtable objects.ves of the centre. There are also online yoga classes and courses. The Centre also runs a boutique shop located al ils operational add$$ where products promoting the activrties of the centre are for sale. The range of products are regularly reviewed and stock levels are carefully monitored. The ntre has written various books promoting the objects of the charity. Royalties are received from these Ixx)ks which are also available for sale in the boutique. The centre is dependent on and graleftjl for the contributions rendered by its unpaKI volunteers who play an essential role in helping to achieve the obJectNes of the ntre. Achieving these goals is dependent on the number of people attenong the Classes and courses organised by the Cenlre. These numbers are affected by general eccnornic Iiends and the income does vary each year. During 2023 numbers remained lotr than pre pandemic years, but towards the end of the year. the Centre saw a gradual inctease in student numbers. There was gocKI attendance for the annual Easter treat and the residential cerb"ficate courses in the centre. M•mbgrs of the centre Members of the Centre. as distinct from members of the board of management, ace entitled to a discount on classes. courses, workshops and retreats. The Centre has an active membership scheme. There are currenuy 107 members of the Centre vkno pay a subscripb'on. to be membets. Financial review Principal funding sources Incorne from charitable a¢tivilies in the year comprised £103.133 12022." £80.0951. The trustees are satisfied with the level of income given the excepts'onal srtuab'on with Ihp ongoiTVJ cost of living crssis. This income is dersved from yoga classes, ¢¢xJrses (including onl1r courses). teacher training. workshops, retreats and other programs. Other trading aclivits.es include income from sales in the trK)Ltyue ol related yoga and medrtation products of £8,589 {2022.. £11.219). Royalb'es £Nil12022'. £Nil). Insurance claims relating to accidental property damages amounted to £Nil12022'. £7.533). Donations received have increased in the year. up to £13.108 12022". £5,457). Gift aid income of £2,131 12022.. £2,585) is include(l in totsl donatK)ns. Costs are incurred in wnning the classe5, courses and sIden11a1 cerbficate courses at the centre's emises and al other locations. The expendrture has been apportioned betren these drfferenl charitable headings. No fundraising is undertaken diredty a1 no costs are incurred in that regard. The deficit in funds for the year of £80.699 (2022- £151.133) is stated after depreciation of £90.270 {2022. £95.7281.
Sivananda Yoga Vedanta Centre Trustees. annual report For the year ended 31 December 2023 Investment policy The Board has the power to make investments under the Arbdes and can appoint a profess[fal investment manager if deemed approprk4le. No such appointment has been Tnade. The Board lakes a very piudenl view regarding the investment of surplus fijnds which are invested in bank balance5 as funds are required lo meet the Cent.$ ongoing needs and lo build up selVes. Flnanclal position at year end and reserves policy The charity has a reserves policy th unreslri¢ted funds in the fomi of free reserves not committed or invested in tangible fixed assets Should represent between 3-6 monlhs ol expenditure. The board reco9nise that this is important as a nificant proporb.on of the reserves are invested in the freehold propety owned by the charty. The centre has cash balances of £36,006 and net current liabile$ of £447.857 at the year end12022.' cash balances of £37.581 and net current liabilth.es of £396.279). Annual expenditure was circa £2c6.0 vthich means arca £51.5tM)-£103.000 of reserves a requid. The Centre is keen to increase the available nel a55ets and is Wfjrking to achieve this over a period of lime. The charity has K)ans from other CentS. These k)3ns are denominated in a forgn currency. The charities functional currency is £ Slerfing. Foieign exchange diffenceS arise on Ihese outstanding loans at the year end. In 2023 there is a foreign exchange gain 01 £12.172 12022". £43,278 lossl. Plans for future periods The Retreat income form5 3 substantial part of the income ffom charitable actIveS and has incfeased by 73% compared to 2022. TheTe is especially much interest in retreats in the UK countryside. Apart from the well-attended Easter Retreat in Kent. a second retreat in Kent has now been added during summer and we are organising a May Bank Holmlay relreal on the coast in Hampshire. We trust that these addrtional relreals will help to share the teachings to a broader audience as EII as provide the centre wth the necessary extra income. Vvilh the vast offer of yoga dasses all over London. most of the parb"cipants of the day-to-day a¢livilies ol the centre are lin9 locally. We have started to advertise more acts.vdy In the svtrounding areas of the centre lo promote the drop-in yoga classes and courses via flyers and postcards as well as via large poster displays in the shop windows of the centre. The free taster dass was reintroduced on Saturday afternoons to sample the Swananda class Ythoul obligation. A new website is in pro$$ of being deveh)ped, wth a focus on irnpmwng the web5rte's wisibilily as one ol the most crili¢al indicators of a successful search engine oplirntzalion ISEO) strategy.
Sivananda Yoga Vedanta Centre Trustees. annual report For the year ended 31 December 2023 Responsibilities of the board of management Slalernent ol Diredors, and Truslees. Responsibilities Charity Law and the Companies AGIS require the Board to prepare atounts for each financial year whith give a true and fair view of the state of aflair5 of the charitable company as al the end ol the rinancial year and of it5 incoming resources and application of resour5. including income and expenditu for that period. In Preparing those accounts the Board is required to:_ select suitable accounting policies and then appty them consistently. make judgements and estimates that are reasonable and prudent- prepare the financial statements on the going concem basis unkss it is inappropriate to presume that the charity wll conts.nue in busine55. - state whethei applicable accounting slandards and statements of recornmended practice have been followed . subject to any ma(erial departures disclosed and explained in the financial 5talement5. - observe the methods and principles of ihe Charites SORP The Iruslees are also responsible for maintsining proper accounting records which disclose with reasonable accuracy al any time the financial pN)sition of the charity and vthich are sufficient to show and explain the charitrfs transactK)ns and enable ihem to ensure that Ihe accounls cornply wilh the Companies Act 2006. They are also responsible lor safeguarding Ihe assets ol the charity and hence for taking reasonable steps lor the prevention and detection of fraud and other irregularities. This r8POrt was approved by the board on .... iy.l.oa.l.. 2024. Maartje Johanna Onderwater (Swami Jyotirm8yananda) Trustee 8nd member ol the Board of Management
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Slvananda Yoga Vedanta C•ntrè (Limited by guarantee) Statemen¢ of financial aetivitles Ilncludlng Income & Expenditure Account) lor the year ended 31 December 2023 unrestricted furHL5 Restrlcted 2023 2022 Income from.. Oonations. 9rants arKI bJacies Charitable actwilies Other tradi aclniities Incrffie frLTh inve5ttr¢nts 13.1ce 103,133 8.589 457 13.108 103.133 8.589 457 5.457 .095 11.219 Tolal inc 125.287 125.287 .870 Expendituw on: Rai&ng furnjs Charitable actie$ 17.8C 188.178 17.PA)8 188.178 33.363 214,640 Total exture 205.986 205.986 248,003 N¢1 movement In funds 180.6991 180.6991 1151,1331 Reconclllatlon of funds Total funds as at 1 January 2023 728.856 728,856 879,989 Total furK15 a$ at 31 December 2023 648.157 648.157 728.856 The staternenl of financial a¢tMtes indLbYes all gains and losse5. All incts W wditure ¢*rives fiom cMtinuing a¢tnfrtes.
Sivananda Yoga Vedanta Centre Balance Sheet as at 31 December 2023 Registered Company Number 5091856 Notes 2023 2022 Fixed assets Tangib assets 10 1.640,456 1,729.891 Current assets Stocks Debtors Cash at bank and in hand 8,750 3.707 36.006 48,463 10,000 15.181 37.581 62,762 Creditor5- amounts lalling due within one year 12 1496,3201 (459,0411 Net Current Ilabllltles 1447.857) {396,279) Total assets 1¢$5 current Ilabilitles 1.192,gJ9 1,333.612 Creditors: amounts falling du8 after more than one year 13 1544.442) 1604,7561 Net assets 648,157 728.856 Unrestricted funds General funds 14 648.15T 728.856 Total charity funds all unrestricted - 31 December 2023 648.157 728.856 For the financial year in queslion the company was entitled to exemption from the requirement to obtain an audit under 5ecbon 477 of the Companies Acl 2006 relab'ng lo small companies. No members have required the company to obtain an audti of its 8c¢>)unts for the year in question sn aocordanoe with section 476 of the Act. The directors acknowledge their SponSibl11t1eS for coMrAng the requirements of the Cornpanies Act 2006 with respect to accounting records and the preparalion ol accounts. These ac¢unts have been prepared and delivered in accordance wth the sperial pro¥Asions applicable to companies subject to the small companies. re9ime. Maartje Johanna 0ndeter (Swami Jyotirmayananda) Trustee and member ol the Board of Management Approved by the boaTd ol man3gemÈnt on ... 24.1.o.a.J.. 2024
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Notes to thÈ Accounts
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Sivananda Yoga Vedanta Centre Note5 10 the Accounis lor the year ended 31 December 2023 l Ac¢oun¢ln9 pol¢cies. continuqd sl Expendlr0 ExprlIv(e 1$ rewised cn an bag$ 8$ a 15 vrw&l. Exfft E stad nEt ofVaL VAT i% rewrted sepaiaw. . Cosb of fur$¢¢mSe the a88(x)¥ith tr¥bro iro)ne . Chaiitabk actmlies eXp&ThIre comryw u)5ts by kne tre it8xe$ and serv5 fuits benefioanes 11 (¥)5ts thal£ Lk#xed ¥Lth •thaTrlthDse u)5Ls ofan wvjirertnaiur Essary sukwrt them .All o)$1$ 8re alkn¢aW bet£ ts eXte catffjy oflhe Statemart of atosts desgnfyl to rew the use of the resa)r Costs rdalwy to a kwtr)J¥ are kxxiwJ . (lrs a apptK1 on an h) AJAo¢aoon of support Costs Resou1sexpents1 are alkxzial lo the p9tty7t tr cost lateS totst thty Thecostofovtta11 thr&ti anouniattributsble to earh a#iMty. il TaNwible fix6dass•ts Fed asseb are stai41(£61 ¢.3. is WWKbSat raescxdabstothrik off FreeTrKJ bJd¢4ros lmwovemIS to and trxilthrvJ5 5% sltaw Equipment. fumthrearKJ filbngs baeb Th2 e5bmaied vaLoftr Il Stock5 Siock Is vahred ai thè eslw¥)abJ reaFva kl Llebtors epawJ neiofany d Cash 81 b8nk8ndln hand Cash at bk and rt hand irK4thJes W bal oyrent axx¥Jrt ml Creditors andprovisions ¢reditcYs and PlDWSiS are reW9n where ts chty h35 a resent rAvJation Teythno Ir(xD a pt e%eni thai Y•ill bably re1 in Ihe transfer ol to a aTrJ art¥Junl to 5ett ublwJ¥tts) w be NEXSured ( e$bM8 relHNy. crjrt0rs atvj prOVw B ai th&r sets7 arwnl aftet Jluwing for any due. The th8fity orty has f¥wml assets finala1 katdis d a thai (fy as bas¢ bistrthwls fvch IalW rec1 at Irans*tthvalLJ gJt6wnty npaw) al nl Leasing atrdhirepur¢h8se ¢ommiiments Renta15 apph(ae 10 rytrabng leases re a7 of benefts ar¥J of with the Wor ol Forelgn currencies TransalOn$ In toregn curraKie5 ae at Il r¥ie ai tr¢ Ijak (l Mcrftary assets and 1otMlilES denominal&S wi frxevw are ie of at s1 date AJI <hfference5 are taken 10t wofil aThJ k6S
Sivananda Yoga Vèdanta Centre Motes to th8 Accounts for year ended 31 Decemb8r 2023 2 Income fr(wn granls and 2023 2022 Unr•strfcied Toi81 Total ation5 Granb from 13,106 13.108 5.457 13.106 13.1 J In¢om•from ¢harftableacti¥ikn 2Q23 Tal 2022 Total Unrpstricted Reil¢t•J 103,133 103.133 4 IncoThe Irom othertrnding actiViti08 Oth¥ tradiro hbe5 6 In¢om• Irom In¥•slments 457 457 Charitsble acli¥ilies Ralsin9 fund5 Go¥eman 2U23 Total 2022 6 Analysis of exppnditure Iique r5 St1 woaramrres Relreatexpen5es Oirect yoga 5upkqs BroChe 51. dewn th$trirt Ng)tor V8V 4.167 4,167 4.281 6.305 646 38 7.734 1.541 2.302 4.281 3.044 11.303 I1,3 2,486 5.713 5.713 26.827 4.167 18.566 Support costs allocated to aclivit E8llishnni expenses Ger¥I offi exrKts Legal eSsn A(xxxJntarity Incpendenl examinakn fee Deweaat 48.611 11.812 1.Y)2 5.750 4227 1.027 43.535 12,031 1,574 6,248 7X) 95.728 12.839 1.41S 6.250 7S) 81048 7222 AshTam dat Irre¢ovwabte InpthVAT Cr&lil card ( ForLygn ex¢hawe knofit) ctsr9esa intuesi 4.852 3.945 (11.198Tr 16.51dl 19741 1.436 112.1r21 17. 43.278 22.337 IfA).691 174.wd 229.437 Governance Costs {7S)I Total expendlluro 2023 188.178 17. Total expenditurn 2022 214.640 248.3 12
Sivananda Ya Vedanta Centr8 Note5 to the Accouw lor the year ended 31 December 2023 7 Net In¢omlng re8our¢8s 2023 2022 Tli$ isstate(S afterchartyw. 90.270 750 95,728 750 IndewtKlent Examinerfs fees 8 AMlysis of staff Costs, tru8t¢e MratIOn ond exp•nses and the ¢ost ol manayement pevsonnel No oflhe Lard of I•Y aty year Tr cmt5 aTrDunbng to £NIl (2022 ENID wwe paiy ty) behfof any members of the txwd in Ir rfAes as trust5. TChty kwJ expenses of ,3211207t. £2,4261 fOr(m tDJStet. ihese wnol bequanbfied. 9 Taxation As a <arity. SWanda Y(w)a Vedtr ctre isewyt ta% rfall1[g 505of the Taxes 1988 ty setto) 256 of the Taxa of Ch¥geaNe GaYLs 1992 to Ihe exttthat tsseare appw lOrt8 dntab "eds. No lax drgeS haveaisen nliChaiity. The company Is exempt from W"ng VAT of ts kheth th raYJv• w)wtaxw a worN>ts)of SXN)dsandservKts purcha 10 Tan9iblÈ lixed 8S8et8 E1pm•n¢ Freeh laTrd and bulldirys and tittinys Total Cost At l J8nuary 2023 dikns 3.11W.982 118.W22 332 3.227,W4 835 At31 Decerntr 2ry23 3.11ts.485 118.354 3.227,839 Dppreciatio At 1 Juary 2023 Charge far the year At31 December2023 1.382.S49 89.579 114. 1,497,113 ,270 1,587,383 115.255 Net book value At31 Denber 2023 1,640.456 A131 Dber202 1.726.413 3.458 1,729,891 Iher txx)k valutrat 31 ter 2023. 11 Debtors 2023 2022 (Mherdebtors axt wepayrnerts 13
Sivananda Yoga Vedanta Centr• Notes to the Accounts lor the year ended 31 DecembÈr 2023 12 Creditors.. amoun¢slalling duowithin oneye 2023 2022 Bwk ovwdiats Trade ¢rediityS (Xher bans (s&xed as (Jher taxe5arvJ 50cd ¢rLkg1s 8ThY defer4 1.763 5.4Q8 4YJ.581 314 65.254 496. 5.212 403.056 50.773 459.041 Th8 n ban (rep8 in 2)22) overdrafts a ty a fvsi < Il W J Cvtabl ¢y other Iw$0 sred by a fixed clwge over Freelxl arml Ixl¥vJS(yd ty theCty In 2013 2015 thecentre r8¢eived k)¥ns fr(th(Itw t$ The we s1¥ a$Lthrtsns The rale5 charged Ihese k)5 vwy fvorn 0% to 3% L03ry5 t(rtalwu £IW.¥J7 180.6121 are swJ. The hns are rqYayai4& tyer years rawiry fr¢x)) >12 Yts fr(m date of •)ieemi Tlw bans are le[&Y ai amount reived UrpaiJa(vued Interest isirKJthJ inaxruab. Tr h)¥5 ¢kntrthJ to1 yesentvalue The internal Iw agreEents Lhaiwwe up i1 EL¥) &%nxJa Y(w Ctrtsandtr Lcwkni S¥a Yoga Centre we trendly k}3r bewn suppyti¥ &¥an Centres ro wessure on repaym1 dates. the Srrdnanda Yoga Centre Lixth lo pay 51entsl frJaIrIt thecentre lodo so. S the crrity has m& its anrwal re[thts. ye¥ is twl is not teng manded. the 011n 0112 year4 al anannual test rateof 1 5%. 13 Creditors.. aiiiouiit¥f811ing due 8ftorono year 2023 2022 (Thherk>ar& IsetrJrtd as Y4.442 604,756 Loans falling due wrthin 5ar Loans falling due betwe l ¥12yews Loans tslling due betwe 2 5years LrAns frdlling eafte1 S yes 425.244 43.487 117.971 403,056 67,426 188,435 Y8,895 1.007,812 .787 Loans sre [epaYdb Irepd in 2022) ae sw)Jr& by a fi[sithe over land and bLildiw CÈrt2wI of s•x¥J ty a fwj £ar w Fre4¥Ad LJ by c¢mpany 14 Movgm¥nts in hjnds 2023 2022 I1Uary 728.856 12S.287 1205.W61 879.989 96.670 1248.0031 Rexwrcesexpendtrj 31 DeCr 648.157 728.856 14
Sivananda Yoga Vedanta Cent Notes to the Accounts for year en(led 31 Oe¢ember 2023 15 Related party transacti0rn8 The afNiated centres. k>3nsthat¥e statsd th rLe$ I2 13we bed apents. Ovw Itt iq$l years, r the rtSel ofCovKJ. 19 ofkY¥4cnsi4 tsterrn5 OIrepayffltc Ihese loan5 have rK)ttEw adlr8d to. (xw reroyments thalare m ITh [. eMgJtokwsfallry aTrJ ¢yU¢lea from k5faI&g due afte( trte year. 16 Cofflpany infonnabon registered Offi $1 Felsham Ro¥J. L<Kkn. SW15 INZ. 17 Presentation cumty The fin2ncYal atrments we wesenbj in Stwfre 18 Liabilitie5 of mombers The CINnY ha$ sh¥e ter olits fflerrra at¥J arbLle50f¥sgCwt every memberis liable to ¢onknbute ¥ wm rol exce&ryJ tl In the trt Lx¥nm i% thr¥J up Ihey are a Trnber ar fi)r one ye¥ Is