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2023-03-31-accounts

CHARITY REGISTRATION NUMBER: 1120315

Manavata

Financial Statements

31 March 2023

D&D Accountancy & Taxation Ltd 44-60 Richardshaw Lane Pudsey West Yorkshire LS28 7UR

Manavata Trustees' Annual Report Year ended 31 March 2023

The trustees present their report and the unaudited financial statements of the charity for the year ended 31 March 2023.

Reference and administrative details

Registered charity name Manavata Charity registration number 1120315 Principal office 52 Akron Drive Wolverhampton WV10 6EG

The trustees

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 2023

Structure, governance and management

The charities governing document is its constitution,

The Trustees who served during the year were:

MR SRINIVASA CHOWDARY ALLURI MRS UMA LADE MR KALYAN PETLURU MR RAMALINGESWA RAO PENUMUDI MR VEERRAJU MARNI MR MAHESH KUMAR PATHARLAPALLI MR RAMAMOHAN REDDY YEGGONI MR SRIRAM NARASIMHA MAHABHASHYAM MR BABJI VUNDAVILLI MR MANISH KUMAR MRS LEENA THOMAS

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;

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 2023

�Achievements and performance

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Rural health centres and medical camps= Regular dispensaries are running in 49 centres successfully with hollstic health care to needy Ihomeopalhy. ayurveda and yoga therapy) in AP and TS stales in India. This year we have also conducted nurnber of medical camps with different specialist doctors like diabetic, dental, amputee, hearing aid etc. The free online Yoga sessions helped around 600 people in balancing work and their health. Volunteers al Readlng, Sutton, Baslngsloke, BrSslol have continued lo take free Yoga sessions on the weekends. Approximately 150 families have benefitted wlth these sessions. Manavata Academy for Human EX￿llenCe (MAHEI= continued to offer value-based education to the chlldren. Chlldren are taught wllh yoga, meditallon, human values, healthy living, organic kitchen gardening, selfless service, humanity, personality development, life skills, classical music and other extracurricular activities and assisting on academic Gourses. Around 30 rLJral study Genlres in India and 3 centres in UK, around 5000 chlldren benefitted through these courses. Volunteers organised various fund-raising events ex.. Summer Fest and charity walks. Also, helped volunteers in India in planning various health camps. rural developrnent activilies and other programs. Natural Famiing: Manavata carried out plantation program, promoting natural forming techniques. Organized 3 workshops which have trained around 400 farmers in Andhra Pradesh, India. We have also initiated 2 projects one in Easl Godavari districl and one in Khammam dlstrlct lo grow polson-less food wlthout uslng chemlcals I pestlcldes and using zero budget natural farming methods. This helped local farmers to learn practically and experience benefits. This also helped us lo produce rice for our children. Vision for this project is lo achieve sustainability by protecting the soil, environment, and people health. 11 also helps ai great exlenl lo avold Cancer, heart attacks and many other chronic diseases.

Public benefit The Trustees have Gonsidered the Charity Commission guidance on public benefit and Gonsider that activities of the charity meet its charitable objectives and provide benefit to the public. Project Number of people benefitted Location Number of Volunteers Involved Help Neody Orphanages 255 children In AP & TS, India. (Lolla, Kottakota, Hyderabad & Kallurul Bhavitha schools in Someswaram, Mamidada 25 Blind, differently abled, Dumb and Deaf chlldren Food to old people Notebooks to poor students 45 80 35000 students Lolla, Kothakota and Hyderabad Multiple locations in AP and TS for poor students in rural government schools. 20 Health Rural heallh & medical centres 70000 patients Lolla, Gangavaram, Konkuduku, Vetlapalem, Mamidada, 45 Machavaram, Bbccavolu, Sandredu, Angara. Rachapalli. RB Patnam, Vendra, Machara, Angara, Alamuru, Kottakola, Pebbair. Wanaparty. Hyderabad. etc Multlple locatlons across UK, USA, and India Yoga and healthy Living Online Yoga Blood donatlon helpline and camps 3000 famllles 25 6500 people 40000 people Hyderabad, Kaklnada, Bangalore, and other locations. Camps conducted and organized donors via our helpline. 3000 Education PDP (Personality Development) and value education Envlronmant Natural farmbng Cycling for Humanity 5000 students Multiple locations in UK, USA, and India 45 400 farmers Campaign reached to public 4000 saplings In AP, TS, and Kerala Multiple locations in UK, USA, and India 20 300 Plantation Drive Multiple villages in East Godavari dlstrlct. Plantatlon at both publlc plaGes and 2 fruit plants for eaGh home. 80

Financial review

The total income for the year ended 31st March 2023 was £39,214 and the total expenditure was (£51,533) 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 £13,788 (2022: £23,408). 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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Manavata Trustees' Annual Report (con�nued) Year ended 31 March 2023

Plans for future periods:

We thank all our volunteers and donors here without whom we could not con�nue this journey

The trustees' annual report was approved on 29th January 2024 and signed on behalf of the board of trustees by:

Mr S C Alluri Trustee

Mr K Petluru Trustee

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Manavata Independent Examiner's Report to the Trustees of Manavata

Year ended 31 March 2023

I report to the trustees on my examination of the financial statements of Manavata ('the charity') for the year ended 31 March 2023.

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. 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: ___

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Manavata

Statement of Financial Activities Year ended 31 March 2023

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		 2023
Unrestricted
funds
39,207
7
39,214
1,533
50,000
51,533
12,319
-
53,000
13,788		 Total funds
£
39,207
7
39,214
1,533
50,000
51,533
12,319
-
53,000
13,788		 2022
Total funds
£
24,992
-
3
24,995
3,381
120,000
123,381
98,386
-
53,000
26,107

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 11 to 17 form part of these financial statements.

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Manavata Statement of Financial Posi�on 31st March 2023

Note
Current assets
Debtors
14
Cash at bank and in hand
Creditors: amounts falling due within one year
15
Net current assets
Total assets less current liabili�es
Funds of the charity
Unrestricted funds
Total charity funds
16		 2023
£
-
13,788
13,788
-		 £
13,788
13,788
13,788
13,788		 2022
£
2,700
23,407
26,107
-
26,107
26,107
26,107
26,107

These financial statements were approved by the board of trustees and authorised for issue on 29th January 2024, and are signed on behalf of the board by:

Mr S C Alluri Mr K Petluru Trustee Trustee

The notes on pages 11 to 17 form part of these financial statements.

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Manavata Notes to the Financial Statements Year ended 31 March 2023

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 52 Akron Drive Wolverhampton, WV10 6EG

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 2023

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:

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:

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Manavata Notes to the Financial Statements &conrlnued Year ended 31 March 2023

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 2023

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
£
39,207
39,207
Unrestricted
funds
£
-
Unrestricted
funds
£
7
Unrestricted
funds
£
1,401
1,401		 Total funds
Unrestricted
2023
funds
£
£
39,207
24,992
-
-
39,207
24,992
Total funds
Unrestricted
2023
funds
£
£
-
-
Total funds
Unrestricted
2023
funds
£
£
7
3
Total funds
Unrestricted
2023
funds
£
£
1,401
2,474
750
1,401
3,224		 Total funds
2022
£
24,992
-
-
24,992
Total funds
2022
£
-
Total funds
2022
£
3
Total funds
2022
£
2,474
750
3,224

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Manavata

Notes to the Financial Statements &conrlnued Year ended 31 March 2022

8 Expenditure on charitable activities by activity type

Activities undertaken
directly
£
Healthy living project
-
Donations to other
charities
Governance costs
-
9 Analysis of support costs
Insurance
Independent examination fee
10 Donations to other charities
Grants to institutions
Vishwa Manavata Samastha, for Orphanages
Help Needy
MAHE & Education
Rural health centres, awareness and camping
Vishwa Manavata Samastha, Organic Farming
Yogashala Meditation Hall @ UFH
Humanity setup & Administration
Goshala @ UFH
Total grants		 Grant funding
activities
£
-
-
Analysis of
support costs
activities
£
-
-
0		 Support
cost
£
-
-		 Total Funds
2023
£
-
-
132
132
Total Funds
2023
£
-
-
0
2023
£
23,000
10,000
10,000
2,000
1,000
1,000
1,000
2,000
50,000
50,000		 Total Funds
2022
£
-
-
Total Funds
2022
£
157
-
157
2022
£
50,000
25,000
25,000
10,000
3,000
2,500
2,500
2,000
120,000
120,000

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Manavata

Notes to the Financial Statements (continued) Year ended 31 March 2023

11 Independent examination fees

Independent examination fees
2023 2022
£ £
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 (2022: Nil).

No employee received employee benefits of more than £60,000 during the year (2022: 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

Prepayments and accrued income
Creditors: amounts falling due within one year		 2023
£
-
2023
£		 2022
£
2,700
2022
£

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 2023

16 Analysis of charitable funds
Unrestricted funds
General funds
17 Analysis of net assets between funds
Current assets
Creditors less than 1 year
Net assets		 At 1st
April 2022
£		 Income
£
Unrestricted
funds
£
13,788
-
13,788		 Expenditure
£
Total funds
2023
£
13,788
-
13,788		 At 31st
March 2023
£
Total funds
2022
£
26,108
-
26,108

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