**CHARITY REGISTRATION NUMBER: 1120315**
## **Manavata**
## **Financial Statements**
**31 March 2021**
**D&D Accountancy & Taxation Ltd 44-60 Richardshaw Lane Pudsey West Yorkshire LS28 7UR**
## **Manavata Trustees' Annual Report Year ended 31 March 2021**
The trustees present their report and the unaudited financial statements of the charity for the year ended 31 March 2021.
Reference and administrative details
Registered charity name Manavata Charity registration number 1120315 Principal office 224 Crown Heights Alencon Link Basingstoke Berkshire RG21 7TR
The trustees
Mr S C Alluri Mr B S Vundavilli Mr R R Penumudi Mr V Marni Mrs U Lade Mr K Petluru Mrs L V Thomas Mr Vamsi Jasti Mr Hemanth ~~DevabaktuniDevabhaktuni~~
Independent examiner
Mr V Dontula (AFA, ATA, MIPA) D&D Accountancy & Taxation Ltd 44-60 Richardshaw Lane Pudsey West Yorkshire LS28 7UR
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## **Manavata Trustees' Annual Report (continued) Year ended 31 March 2021**
Structure, governance and management
The charities governing document is its constitution,
The Trustees who served during the year were: Mr S C Alluri Mr B S Vundavilli Mr R R Penumudi Mr V Marni Mrs U Lade Mr K Petluru Mrs L V Thomas Mr Vamsi Jasti Mr Hemanth ~~DevabhaktuniDevabaktuni~~
Under the constitution trustees are elected for one year.
No trustees received any remuneration for services as a trustee.
No trustee had any beneficial interest in any contract with the charity during the year.
Existing trustees brief new trustees on the charity's aim and objectives, They are also given literature about the charity and directed towards the charity's website. This enables them to fulfil their role in line with the Charities Act. The trustees have assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks.
## **Objectives and activities**
The Charity's principal aims and activities during the year were to fund and maintain our co-existence projects, and to include the following;
- 1.To financially assist persons who are in conditions of need, hardship or distress,
2. To assist children throughout the world without consideration of race or colour or religion and
3. To create awareness on health and environment for sustainable development.
These aims were made possible by the volunteers with their continuous efforts and incoine from the cycling events, charity walks and donations received.
Volunteers take up different initiatives to help needy for identified cases, particularly for critical surgeries, trustees perform appropriate background check and Trustees then allot funds which are transmitted to the hospitals or organisations by the volunteer concerned.
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## **Manavata Trustees' Annual Report (contlnued) Year ended 31 March 2021**
## **Achievements and performance**
With the help of Yoga Teachers training, online Yoga sessions during Covid pandemic times, Healthy living and regular Yoga workshops continued in UK and in various other locations. There was increased need for health & well-being sessions for individuals, families and children this year to adapt to the new life and work style. Support to the orphan children, poor patients, farmers continued at various locations. Natural farming training sessions were conducted University for Humanity in India to agricultural students, farmers. Emergency aid during natural calamities has been provided with the help of donors. Expansion of cow shelters for natural farming was supported this year. Weekly medical camps to poor patients were continued this year too and thousands of people got benefited in these medical camps. We continued to help many of the poorest with grants to tide them over their crisis due to illness or other misfortune. Our volunteers directly worked in many projects in India, UK and USA to assured our grants, inadequate though we felt them to be, were much appreciated and made a real difference to those recipients.
During the 2020-2021 fiscal year, we have continued our work with many schools to adopt healthy living and Yoga promotion as ‘Samskara Vidya’ for children in making them aware of self-development activities like Yoga, healthy diet habits, simple and eco-friendly living life style through regular health & well-being sessions. Manavata Academy of Human Excellence (MAHE) centres in Reading, Basingstoke, Early, Bristol, orphanages in India, after-school centres, cycling for work clubs, medical centres in rural India, natural farming training for farmers, maintaining University for Humanity Sustainable Development centre in India, sessions on personality development and leadership, Health living camps, Volunteer leadership camps, Cycling for Humanity from, Family healthy living workshops, Yoga sessions at work places, Scout groups, Better parenting workshops, Kids Value based education and Kids regular weekly Yoga programs,
International Yoga camps, Time management workshops, Our projects reach out to disadvantaged children in India regardless of their religion, to poor patients, students, families to adopt the healthy life style, cure many simple diseases without burdening the government hospitals. High on the list of priorities remains our sustainable development in adopting villages to establish sustainable methods of development in health, education and environment.
## **Financial review**
The total income for the year ended 31st March 2021 was £34,332 and the total expenditure was (£2,696) as described in the financial statement.
The balance sheet remained strong during the year, the main constituent part of continuing to be cash
## reserves.
At the year end the charity has general cash reserves of £121,794 (2020: £90,158). The reserves will be used In the future as planned expenditure comes to fruition and new projects arise.
It is the policy of the Charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure.
The Trustees considers that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the Charity’s current activities while consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the year.
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Tntstees. Annual Reyt (contlnuedl
Plans for fiAturn perlods:
We would like to continue engaging with more schools and I milllon children to
introduce and adopt Yoga and Healthy livin8 as part of their life Style. Expand our work in chosen areas to
support more needy and orphan children, this year planning to support more than IOCKI children. Another
25 villa8es are to be adopted for sustainable rural development. MAHE value based education to be
establlshed and run In 10 locations. Also we will increase our focus on creating awarene55 on health and
protecting nature. promote human values and humanity and kids 8ardening, healthy c<)oking sessions, kids
cycling activities and Yoga practices. Thisyear we also focus on increasing Sustainability of Youth
Leadership programs and reach more young people towards building responsible leaders. We also aiming
to develop University for Humanity to promote Self. Social and Environmental transformation wlth right
practices and make this as Internatlonal centre for Sustainable Development especially for farmers,
doctors, teachers with sustainable methods and leadership. We also stsrting buildin8 Natural farmlng
Research centre in University For Humanity, India and trained many famiers to adopt natural and cow
based farming without chemicals. The plan to promote cow based farmlng to more farmers• protect,
shelter 20 more cows in UFH that helps for the natural farming.
We thank all our voluntsers and donors here without whom we could not continue thisjoumey
The trustees. annual report was approved on 28th January 2021 and slgned on behalf of the l)oard of
tmstees by:
Mr B S Vundavilli
Trustee
Mr K Petluru
Trustee
## **Manavata Independent Examiner's Report to the Trustees of Manavata**
## **Year ended 31 March 2021**
I report to the trustees on my examination of the financial statements of Manavata ('the charity') for the year ended 31 March 2021.
## **Responsibilities and basis of report**
As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of iny 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(5)(b) of the Act.
## **Independent examiner's statement**
I have completed my examination. I 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:
1. accounting records were not kept in respect of the charity as required by section 130 of the Act; or
2, the financial statements do not accord with those records; or
3. the financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts 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 accounts to be reached.
Mr V Dontula (AFA, ATA, MIPA) D&D Accountancy & Taxation Ltd 44-60 Richardshaw Lane Pudsey West Yorkshire LS28 7UR
Date: 28/01/2022
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## **Manavata Statement of Financial Activities Year ended 31 March 2021**
|**Note**
**Income and endowments**
Donations and legacies
4
Other trading activities
5
Investment income
6
**Total income**
**Expenditure**
Expenditure on raising funds:
Costs of raising donations and legacies
7
Expenditure on charitable activities
8
**Total expenditure**
**Net (expenditure)Income and net movement in funds**
Reconciliation of funds
Total funds brought fonvard
**Total funds carried forward**|**2021**
**Unrestricted**
**funds**
34,291
-
41
34,332
2,361
335
2,696
31,636
53,000
124,493|**Total funds**
£
34,291
-
41
34,332
2,361
335
2,696
31,636
53,000
124,493|2020
Total funds
£
50,173
-
103|
|---|---|---|---|
||||50,276|
||||3,294
5,673|
||||8,967|
|||||
||||41,309|
||||53,000|
||||92,858|
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
The notes on pages 8 to 14 form part of these financial statements.
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Statement of Finandal Positlon
3tst Mar¢h 2021
2021
2020
Note
Current assets
Debtors
Cash at bank and in hand
14
2,7Tr)
121,793
124.493
2,700
90.158
92,858
15
Net current assets
Total assets less current liabilities
124,493
124,493
92.858
92.858
Funds of the tharlty
Unrestricted funds
Total charlty funds
124,493
124,493
92,858
92,858
16
These financial statements were approved by the board of trustees and authorised for Issue on
28th January 2022, and are sI8ned on behalf of the board by:
Mr 8 S Vundavilli
Trustee
Mr K Petluru
Trustee
The notes on pages 8 to 14 form part of these financial statements.
## **Manavata Notes to the Financial Statements Year ended 31 March 2021**
## **1 General information**
The charity is a public benefit entity and a registered charity in England and Wales and is unincorporated, The address of the principal oNce is 224 Crown Heights, Alencon Link, Basingstoke, Berkshire, RG21 7TR.
## **2 Statement of compliance**
These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102)) and the Charities Act 2011.
## **3 Accounting policies**
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure.
The financial statements are prepared in sterling, which is the functional currency of the entity.
## **Going concern**
There are no material uncertainties about the charity's ability to continue.
## **Judgements and key sources of estimation uncertainty**
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
## **Fund accounting**
Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes.
Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment.
Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds.
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## **Manavata Notes to the Financial Statements &conrlnued Year ended 31 March 2021**
## **3. Accounting policies (continued)**
## **Incoming resources**
All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will Row to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income:
- **.** income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably.
- **.** legacy income is recognised when receipt is probable and entitlement is established.
- **.** income from donated goods is measured at the fair value of the goods unless this is
- impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers.
- **.** income from contracts for the supply of services is recognised with the delivery of the
- contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted.
## **Resources expended**
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates:
- **.** expenditure on raising funds includes the costs of all fundraising activities, events, non-charitable trading activities, and the sale of donated goods.
- **.** expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities.
- **.** other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities,
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## **Manavata Notes to the Financial Statements &conrlnued Year ended 31 March 2021**
## **3. Accounting policies (continued)**
All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.
## **Financial Instruments**
A financial asset or a financial liability is recognised only when the charity becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the amount receivable or payable including any related transaction costs.
Current assets and current liabilities are subsequently measured at the cash or other consideration expected to be paid or received and not discounted.
Debt instruments are subsequently measured at amortised cost.
Where investments in shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in income and expenditure. All other such investments are subsequently measured at cost less impairment.
Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Other financial instruments are subsequently measured at fair value, with any changes recognised in the statement of financial activities, with the exception of hedging instruments in a designated hedging relationship.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date, If there is objective evidence of impairment, an impairment loss is recognised under the appropriate heading in the statement of financial activities in which the initial gain was recognised.
For all equity instruments regardless of signiTicance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.
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## **Manavata Notes to the Financial Statements &conrlnued Year ended 31 March 2021**
## **4 Donations and legacies**
|**Donations**
Donations
Membership fees
Gift aid
**5 Other trading activities**
Fund raising income
**6 Investment income**
Bank interest receivable
**7 Costs of raising donations and legacies**
MAHE - Online fund raising costs
MAHE - Hall hire
MAHE - Materials
MAHE - Teacher costs|Unrestricted
funds
**£**
26,564
-
7,727
34,291
Unrestricted
funds
**£**
-
Unrestricted
funds
**£**
41
Unrestricted
funds
**£**
247
388
-
1,726
2,361|Total funds
2021
**£**
26,564
-
7,727
34,291
Total funds
2021
**£**
-
Total funds
2021
**£**
41
Total funds
2021
**£**
247
388
-
1,726
2,361|Unrestricted
funds
**£**
50,173
-
-
50,173
Unrestricted
funds
**£**
-
Unrestricted
funds
**£**
103
Unrestricted
funds
**£**
216
1,121
-
1,957
3,294|Total funds
2020
**£**
50,173
-
-|
|---|---|---|---|---|
|||||50,173|
|||||Total funds
2020
**£**
-|
|||||Total funds
2020
**£**
103|
|||||Total funds
2020
**£**
216
1,121
-
1,957|
|||||3,294|
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## **Manavata Notes to the Financial Statements &conrlnued Year ended 31 March 2021**
## **8 Expenditure on charitable activities by activity type**
|Activities undertaken
Grant funding
directly
activities
**_£_**
**_£_**
Healthy living project
-
Donations to other
charities
-
Governance costs
-
-
**9 Analysis of support costs**
Analysis of
support costs
activities
**£**
Insurance
335
Independent examination fee
-
335
**10 Donations to other charities**
**Grants to institutions**
Vishwa Manavata Samastha, Help Need 8 Orphanages
Vishwa Manavata Samastha, Building construction to conduct Yoga
and training sessions
Vishwa Manavata Samastha, Rural Health Centres
Vishwa Manavata Samastha, Organic Farming research/training
sessions
International centre for Sustainable Development/University for
Humanity setup & Administration
Total grants|Support
cost
**_£_**
335
335|Total Funds
2021
**_£_**
-
-
335
335
Total Funds
2021
**_£_**
335
-
335
2021
**£**
-
-
-
-
-
-
-|Total Funds
2020
**_£_**
5,338
-
335|
|---|---|---|---|
||||5,673|
||||Total Funds
2020
**_£_**
335
-|
||||335|
||||2020
**£**
-
-
-
-
-|
||||-|
||||-|
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## **Manavata**
## **Notes to the Financial Statements (continued) Year ended 31 March 2021**
## **11 Independent examination fees**
2021 2020 £ £ Fees payable to the independent examiner for. - - Independent examination of the financial statements
## **12 Staff costs**
The average head count of employees during the year was Nil (2020: Nil).
No employee received employee benefits of more than £60,000 during the year (2020: Nil).
## **13 Trustee remuneration and expenses**
No remuneration or other benefits from employment with the charity or a related entity were received by the trustees.
## **14 Debtors**
2021 2020 **£ £** Prepayments and accrued income 2,700 2,700 **Creditors: amounts falling due within one year** 2021 2020 **£ £**
## **15 Creditors: amounts falling due within one year**
Trade creditors
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## **Manavata Notes to the Detailed Statement of Financial Activities Year ended 31 March 2021**
|**16 Analysis of charitable funds**
Unrestricted funds
General funds
**17 Analysis of net assets between funds**|At 1st
April 2020
**£**
92,858|Income
**£**
34,332|Expenditure
**£**
(2,696)|At 31st
March 2021
**£**
124,493|
|---|---|---|---|---|
||||||
|Current assets
Creditors less than 1 year
**Net assets**|Unrestricted
funds
**£**
124,493
-
124,493|Total funds
Total funds
2021
2020
**£**
**£**
124,493
92,858
-
-
124,493
92,858|
|---|---|---|
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