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 nUM￿r 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 S1vadasanat￿a} Rony Magazanic I Swami Swaitx)pananda) Mark Ashley I Srinivasan) Maria Guag1iano (Kanli Dew) Swami Sitaramananda Maartie Johanna 0nde￿aterI￿￿arn1 JyDtirrrtayanandal HedvKo Selmeier (Swami Ramapriyanandal Sabine Marga￿the Malecek IS*ami 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 st￿e1 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 MeM￿andum 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 the￿after_ The number of trustees shall rK*t be less than six rnembers nor more than ten. The number of trustees al p￿sent 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 pr￿tiSing 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 pr￿esS 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￿ reqUI￿d to have the appropriate qualifications. Insurance is in place lo protect againsl 0￿rat￿￿ 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 registe￿d as a non-profit corpK)ralion in the Province of QUe￿c. 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 Inte￿sted 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 di￿lpI1ne. 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 lo￿tr 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 betr￿en these drfferenl charitable headings. No fundraising is undertaken diredty a￿1 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[f￿al 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 liabil￿e$ 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 requi￿d. 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 Cent￿S. These k)3ns are denominated in a for￿gn currency. The charities functional currency is £ Slerfing. Foieign exchange diffe￿nceS 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 actIv￿eS 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 li￿n9 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 resour￿5. 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 Slvananda Yoga Vedanta Cenlre IUMITED BY GUARANTEEI Accountants. R8POrt Indpptrndtnt Examinèfs rwrt on th• L#)Budlt•d x¢0 tothe directofsltrustBes 01 Slvananda Yoga Vedanta Certre I rwrtb the c￿￿pan¥S Board d Chr￿1￿5 ¥h) *e8iw tIE YtU5tee5 d SNwwyJa YL¥Ja v￿ants¢￿tr < Chantyl on the for the yeaf etthd 31 tknrnber 2023. axDKrf￿ tt* Sta￿￿ of F￿at￿l nMg set Ih¥elll 8￿j [eq￿[￿&S or"ItE A[￿￿tr￿j ￿j Rewth¥J ty ch￿￿> Si3￿ment ol ReC￿￿Mer￿4 Pract￿ aWKablp to clwts5 kKewv¥J aCC￿nIS ￿ WX(xtlarKe Fwtral RerA)rtifwJ Standard nlhe UK￿ ofirdarbj {FRS102} le￿Ve l J￿L￿ry 2019}- cha￿treS SCIIP FRS 102 (Se(Jfv EtsINy)I, Ir* Fwwai RetKrfHYJ •1 theUK Reput ofirdand {FRS102} wvj Ihe CtrwB5AL* 2(￿. My has been Undertak￿ so thai I mwJhl stste 10 Ir* trvsiee¥ maws l *h to #ate to them In an Inde￿dent ExamiDefs repxi ky w ￿￿er PL￿. To ts lul*st e*enl pwmitted by 1 fjo pi ￿ assume resronsitrxlity to awe (thr Ihe Cl￿ty 3￿j the Chwvs I￿￿tee5 35 a ivjy. ts rny vuk. forlhis rewt w fortr* I Wftym•J. ReJpectsY& rospon$lblllUés oltrustwj And IWTh1enl￿3ffllner As descnbed In the stalemeDI ￿ It{￿ees. resp￿￿￿￿1￿5 ￿ page 6. Ch¥tys tsu5tees I preparathn ol the accothits and that Charity ¢5 frown ￿ ahlil 144 the ChaTrties Act 2011 IlhtrA¢tl8r￿ oxemo 16 thatan thmlerendent Mina￿on k8 retylred H￿ry￿9 sat15frd myseir th81 Iho¢haiiy 6 to ex7minakn￿. It ￿ my reynwblily lo ¥tyxwl$ Utw sen n￿L￿eS a ￿¥1￿* d the a(vJJnbny te¢t*th kw by Ir* ￿*0 of tr* presenta those reuxds 11 also any utW5ual rt￿n￿￿￿1￿￿Wre&lTr IIÈW>)L#M¥. Pilmde an the eVvje￿e th¥1 i* rweo in an a￿1. L% to Mt the aC&￿nts pre5enl a'l[￿ arvj farf ¥ivwwvJ iepyt Ls hnutwj ID Iiw maitets set Wlil St*nwi Ind&peDdoniox•mlwr's slalemenl I ha4e completed my exa￿nabo￿ In(onneoithl Wlh my eXamwwl￿. rvJ maiterha5¢xone lo Myatt￿l￿. requI￿￿entS of Sethn 3% of ¢thip￿ Aci ￿ ar￿1 methods or tr Standa￿ ¥wS¢atle to UKaTrl Reput* c4 Irdarnl IFRS (etteth* 1 J*w 2019). {cJortie5SORP FRS have noibew met." or tobe reth MonikaHa lon ACCA IndepeThlent examiner Winston H¥zeMon & Co Ltd Cerbfiej Chartered Ao>)wiwts 34Arfiwton Roas L￿d0Th NW1 7HU 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 acti￿￿e$ 17.8C 188.178 17.PA)8 188.178 33.363 214,640 Total ex￿￿￿￿ture 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 coMrA￿ng 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 0nde￿￿ter (Swami Jyotirmayananda) Trustee and member ol the Board of Management Approved by the boaTd ol man3gemÈnt on ... 24.1.o.a.J.. 2024 Sivananda Yoga Vedanta Cents* Notes to thÈ Accounts for the y8ar ended 31 Decoml*r 2023 1 Accountlng policies al B8sls of wepaiotlon Chant￿S Slatemenl of Re(xNnn*nded 10 t rec(NJn￿d at $rnort&￿ cost usno ts etsbve ￿tere4 r*meU¥>J Gl Going concern Al the dale of Ihese atrxwrts, oxl ot IMrvJ cnsi5 to $￿j d the ros¢ . 19 retswery of Charrtls r*t Irthnif¥J re8wrce& The I￿￿teeS We a￿ arry of ai th8 re[0￿ date that a sunhlrart nsk of CaU8iryJ a mater￿4 adiuslmenl to the (ziryw a[￿j￿￿ ofassets *¥J h•tshleS *itrin tr*nextrepxh[VJpwK￿. Incon In￿lle is I￿￿￿ed in the stalernenl of *￿￿tE$￿￿tEn ts rharity erth1to thE itufft. il is pr¢batAt thai aP￿le￿t0 Pa[b￿￿reate90fles of ir￿￿ne." . Voluntary ITKX)me is ty way of WAI 15 the Stawwiof Fin￿la1 Ath¥ibe5 . Oonated servts)of SXN)dsandservKts purcha 10 Tan9iblÈ lixed 8S8et8 E￿￿1pm•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 Decernt*r 2ry23 3.11ts.485 118.354 3.227,839 Dppreciatio At 1 J*uary 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 De￿nber 2023 1,640.456 A131 D￿ber20￿2 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&x￿ed as (Jher taxe5arvJ 50cd ¢rLkg1s 8ThY defer￿4 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$0￿ s￿red by a fixed clwge over Freelx*l arml Ix*l¥vJS(y￿d ty theC*￿ty In 2013 2015 thecentre r8¢eived k)¥ns fr(th(Itw t￿$ The* we s1¥￿ a$Lthrtsns The rale5 charged ￿ Ihese k)￿5 vwy fvorn 0% to 3% L03ry5 t(rtalwu £IW.¥J7 180.6121 are sw*J. The h*ns are rqYayai4& tyer years rawiry fr¢x)) >12 Y￿ts fr(m date of ￿ •)ieem*i Tlw bans are le[￿&Y ai amount re*ived UrpaiJa(vued Interest isirKJthJ inaxruab. Tr h)¥￿5 ¢kntrthJ to￿1 yesentvalue The internal Iw agreE￿ents Lhaiwwe up i*1￿ EL￿¥￿) &%*n*xJa Y(w C*trtsandtr* Lcwkni S¥￿￿￿a Yoga Centre we trendly k}3r￿ bewn suppyti¥* &¥an￿ Centres ro wessure on repaym￿1 dates. the Srrdnanda Yoga Centre Lixth lo pay ￿ ￿51￿￿ents￿l￿ ￿ f￿r￿JaIr￿It￿ thecentre lodo so. S the cr￿rity has m& its anrwal re[th￿￿ts. ye¥ is twl is not teng manded. the 01￿1n￿ 0112 year4 al anannual ￿t￿est rateof 1 5%. 13 Creditors.. aiiiouiit¥f811ing due 8ftorono year 2023 2022 (Thherk>ar& IsetrJrtd as Y4.442 604,756 Loans falling due wrthin 5*ar Loans falling due betwe￿ l ¥*12yews Loans tslling due betwe￿ 2 ￿ 5years LrAns frdlling ￿eafte1 S ye*s 425.244 43.487 117.971 403,056 67,426 188,435 Y8,895 1.007,812 .787 Loans sre [epaYdb￿ Irep*d in 2022) ae sw)Jr& by a fi[sith￿e over land and bLildiw* CÈrt2wI of s•x¥*J ty a fwj £*ar￿ w Fre4¥Ad L*J by c¢mpany 14 Movgm¥nts in hjnds 2023 2022 I1￿Uary 728.856 12S.287 1205.W61 879.989 96.670 1248.0031 Rexwrcesexpendtrj 31 DeC￿￿r 648.157 728.856 14 Sivananda Yoga Vedanta Cent Notes to the Accounts for year en(led 31 Oe¢ember 2023 15 Related party transacti0rn8 The afNiated centres. k>3nsthat¥e statsd th rL*e$ I2￿ 13*we b*ed ape**nts. Ovw Itt iq$l years, ￿r￿￿ the ￿rtSel ofCovKJ. 19 ofkY¥4cnsi4 tsterrn5 OIrepayffl￿tc Ihese loan5 have rK)ttEw adl*r8d to. (xw reroyments thalare m* ITh￿ ￿[. *e*MgJtokwsfallry aTrJ ¢y￿U¢lea from k￿5faI&￿g due afte( trte year. 16 Cofflpany infonnabon registered Offi￿ $1 Felsham Ro¥J. L<*Kkn. SW15 INZ. 17 Presentation cumty The fin2ncYal *atrments we wesenbj in Stwfre 18 Liabilitie5 of mombers The CINn￿Y ha$ ￿ sh¥e ter￿￿ olits fflerr￿ra￿￿ 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 Tr￿nber ar fi)r one ye¥ Is