**CHARITY REGISTRATION NUMBER: 1120315** 

## **Manavata** 

## **Financial Statements** 

**31 March 2024** 

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



## **Manavata Trustees' Annual Report Year ended 31 March 2024** 

The trustees present their report and the unaudited financial statements of the charity for the year ended 31 March 2024. 

Reference and administrative details 

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

The trustees SRINIVASA CHOWDARY ALLURI (Chair) KALYAN PETLURU Vamsi Krishna Jasti Hemanth Kumar Devabaktuni Leena Vinod Thomas UMA LADE BABJI VUNDAVILLI VEERRAJU MARNI RAMALINGESWA RAO PENUMUDI 

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 2024** 

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 HEMANTH KUMAR DEVABAKTUNI 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; 

- 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 2024** 

## **Achievements and performance** 

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> Rural health cenlres and medical camps: Regular dispensaries are running in 50 centres
successfully with holistic health care to needy (homeopathy, ayurveda and yoga therapy)
in AP and TS stales in India. This year we have also conducled number of medical
camps wilh different speciallst doctors like diabetic, dental, amputee. hearing aid etc.
> The free onllne Yoga sesslons helped around 800 people In balanclng work and thelr
health. Volunteers at Reading, Sutton, Sutton Coldfield, Tonbridge have continued to
take free Yoga sessions on the weekends. Approximalely 200 families have benefitted
with these sessions.
> Manavats Academy for Human Excellen￿ (MAHE): continued to offer value-based
education to the children. Children are taught with yoga. meditation. human values.
healthy living, organic kitchen gardening, selfless service, humanty, personality
development, life skills, classical music and other extracurricular activities and assisling
on academic courses. Around 30 rural study centres in India and 3 centres in UK. around
6000 children 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 development
activities and other programs
> Natural Farniing.. Manavata carried out plantation program, promoting natural forming
teGhniques. Organized 4 workshops which have trained around 500 farmers in Andhra
Pradesh, and Telangana stages, India. We have also Inttiated 2 projects one in East
Godavari district and one in Khammam district to grow poison-less food without using
chemicals I pesticides and using zero budget natural famiing methods. This helped local
farmers to learn practically and experience benefits. This also helped us to produce rice
> Natural Farniing: Manavata carried out plantation program, promoting natural fomiing
techniques. Organized 4 workshops which have trained around 500 farmers in Andhra
Pradesh, and Telangana stages, India. We have also inttiated 2 projects one in East
Godavari district and one in Khammam district to grow poison-less food without using
chemicals I pesticides and using zero budget natural farming methods. This helped local
farmers to learn practically and experience benefits. This also helped us to Produ￿ rice
for our children. Vision for this project is to achieve sustainability by protecting the soil.
environment and people health. It also helps at great extent to avoid Cancer. heart
attacks and many other chronic diseases.

Public benefit
The Trustees have considered the Charity Commission guidance on public benefit and
consider 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 Needy
Orphanages
275 children
In AP & TS, India. (Lolla, Kottakota,
Hyderabad & Kalluru)
Bhavitha schools in Someswaram,
Mamidada
25
Blind, differently
abled, Dumb and
Deaf children
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
20
schools.
Health
Rural health &
medical centres
70000 patients
Lolla, Gangavaram, Konkuduku,
Vetlapalem. Mamidada,
Machavaram, Biccavolu, Sandredu.
Angara, Rachapalli, RB Patnam,
Vendra, Machara, Angara, Alamuru,
Kottakota, Pebbair, Wanaparty,
Hyderabad. etc
Multiple locations across UK. USA
and India
45
Yoga and healthy
Living
Online Yoga
Blood donation
helpline and camps
3000 families
25
6500 people
40000 people
Hyderabad, Kakinada, Bangalore
and other locations. Camps
conducted and also organized
donors via our helpline.
3000
Education
PDP {Personality
Development) and
value education
Environment
Natural farming
Cycling for
Humanity
6000 students
Multiple locations in UK, USA and
India
45
500 farmers
Campaign
reached to
general publlc
4000 saplings
In AP, TS and Kerala
Multiple locations in UK, USA and
India
20
300
Plantation Drive
Multiple villages in East Godavari
district. Plantation at both public
places and 2 fruit plants for each
home.
80

## **Financial review** 

The total income for the year ended 31st March 2024 was £62,414 and the total expenditure was (£34,348) 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 £34,150 (2023: £13,788). 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 (continued)
Year ended 31 March 2024
Plans for future periods:
We would like to continue and expand our work in chosen areas Health, Educatlon,
Environment and Help Needy. In coming year, we are planning to support more than 300
chlldren. Another 25 vtllages to be adopted for sustainable rural development
MAHE, the value-based education to be established and run in 4 locations. Increase
awareness on health and protecting the nature.
We also focus on youth leadershlp programs and reach more young people towards building
responslble leaders.
We thank all our volunteers and donors here without whom we could not continue this journey
The trustees, annual report was approved on 31st January 2025 and signed on behalf of the board of
trustees by:
Mr B Vundavilli
Trustee
Mr K Petluru
Trustee

## **Manavata Independent Examiner's Report to the Trustees of Manavata** 

## **Year ended 31 March 2024** 

I report to the trustees on my examination of the financial statements of Manavata ('the charity') for the year ended 31 March 2024. 

## **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: _______________31/01/2025 

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## **Manavata** 

## **Statement of Financial Activities Year ended 31 March 2024** 

|**Note**<br>**Income and endowments**<br>Donations and legacies<br>4<br>Other trading activities<br>5<br>Investment income<br>6<br>**Total income**<br>**Expenditure**<br>Expenditure on raising funds:<br>Costs of raising donations and legacies<br>7<br>Expenditure on charitable activities<br>8<br>**Total expenditure**<br>**Net (expenditure)Income and net movement in funds**<br>Reconciliation of funds<br>Total funds brought fonvard<br>**Total funds carried forward**|**2024**<br>**Unrestricted**<br>**funds**<br>62,286<br>128<br>62,414<br>217<br>34,131<br>34,348<br>28,066<br>45,296<br>34,150|**Total funds** <br>£<br>62,286<br>128<br>62,414<br>217<br>34,131<br>34,348<br>28,066<br>45,296<br>34,150|2023<br> Total funds<br>£<br>39,207<br>-<br>7<br>39,214<br>1,533<br>50,000<br>51,533<br>12,319<br>-<br>53,000<br>13,788|
|---|---|---|---|



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
ststement of Financial Position
3tst March 2024
2024
2023
Note
Current assets
Debtors
Cash at bank and in hand
14
34,150
34,150
13,788
13,788
Credttors: •rnounts falllw due wlthtn ye•r
Net current assets
Total assets less current liabilities
34,150
34,150
13,788
13,788
Funds of the chaiity
Unrestricted funds
Total charlty funds
34,150
34,150
13,788
13,788
16
These financial statements were approved by the board of trustees and authorised for issue on
31st January 2025, and are signed on behalf of the board by:
Mr B Vundavilli
Trustee
Mr K Petluru
Trustee
The notes on pages 11 to 17 form part of these financial ststements.
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## **Manavata Notes to the Financial Statements Year ended 31 March 2024** 

## **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 2024** 

## **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 2024** 

## **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 2024** 

## **4 Donations and legacies** 

|**Donations**<br>Donations<br>Membership fees<br>Gift aid<br>**5 Other trading activities**<br>Fund raising income<br>**6 Investment income**<br>Bank interest receivable<br>**7 Costs of raising donations and legacies**<br>MAHE - Online fund raising costs<br>MAHE - Hall hire<br>MAHE - Materials<br>MAHE - Teacher costs|Unrestricted<br>funds<br>**£**<br>62,286<br>62,286<br>Unrestricted<br>funds<br>**£**<br>-<br>Unrestricted<br>funds<br>**£**<br>128<br>Unrestricted<br>funds<br>**£**<br>-<br>-|Total funds<br>Unrestricted <br>2024<br>funds<br>**£**<br>**£**<br>62,286<br>39,207<br>-<br>-<br>62,286<br>39,207<br>Total funds<br>Unrestricted <br>2024<br>funds<br>**£**<br>**£**<br>-<br>-<br>Total funds<br>Unrestricted <br>2024<br>funds<br>**£**<br>**£**<br>128<br>7<br>Total funds<br>Unrestricted <br>2024<br>funds<br>**£**<br>**£**<br>-<br>1,401<br>-<br>-<br>1,401|Total funds<br>2023<br>**£**<br>39,207<br>-<br>-<br>39,207<br> Total funds<br>2023<br>**£**<br>-<br> Total funds<br>2024<br>**£**<br>7<br> Total funds<br>2024<br>**£**<br>1,401<br>-<br>1,401|
|---|---|---|---|



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## **Manavata Notes to the Financial Statements &conrlnued Year ended 31 March 2024** 

## **8 Expenditure on charitable activities by activity type** 

|Activities undertaken<br>directly<br>**_£_**<br>Healthy living project<br>-<br>Donations to other<br>charities<br>Governance costs<br>-<br>**9 Analysis of support costs**<br>Insurance<br>Independent examination fee<br>**10 Donations to other charities**<br>**Grants to institutions**<br>Vishwa Manavata Samastha, for Orphanages<br>Help Needy<br>MAHE & Education<br>Rural health centres, awareness and camping<br>Vishwa Manavata Samastha, Organic Farming<br>Yogashala Meditation Hall @ UFH<br>Humanity setup & Administration<br>Goshala @ UFH<br>Total grants|Grant funding<br>activities<br>**_£_**<br>-<br>-<br>Analysis of<br>support costs<br>activities<br>**£**<br>-<br>-<br>0|Support<br>cost<br>**_£_**<br>-<br>-|Total Funds <br>2024<br>**_£_**<br>-<br>-<br>121<br>121<br>Total Funds <br>2024<br>**_£_**<br>96<br>-<br>96<br>2024<br>**£**<br>23,500<br>7,256<br>3,375<br>34,131<br>34,131|Total Funds<br>2023<br>**_£_**<br>-<br>132<br>132<br> Total Funds<br>2023<br>**_£_**<br>-<br>-<br>0<br>2023<br>**£**<br>23,000<br>10,000<br>10,000<br>2,000<br>1,000<br>1,000<br>1,000<br>2,000<br>50,000<br>50,000|
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## **Manavata Notes to the Financial Statements (continued) Year ended 31 March 2024** 

## **11 Independent examination fees** 

|**Independent examination fees**|||||
|---|---|---|---|---|
||2024||2023||
||£||£||
|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 (2023: Nil). No employee received employee benefits of more than £60,000 during the year (2023: 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<br> **Creditors: amounts falling due within one year**<br>Trade creditors|2024<br>**£**<br>-<br>2024<br>**£**|2023<br>**£**<br>-<br>2023<br>**£**|
|---|---|---|



## **15 Creditors: amounts falling due within one year** 

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## **Manavata Notes to the Detailed Statement of Financial Activities Year ended 31 March 2024** 

|**16 Analysis of charitable funds**<br>Unrestricted funds<br>General funds<br>**17 Analysis of net assets between funds**<br>Current assets<br>Creditors less than 1 year<br>**Net assets**|At 1st<br>April 2023<br>**£**|Income<br>**£**<br>Unrestricted<br>funds<br>**£**<br>34,150<br>-<br>34,150|Expenditure <br>**£**<br>Total funds<br>2024<br>**£**<br>34,150<br>-<br>34,150|At 31st<br> March 2024<br>**£**<br>Total funds<br>2023<br>**£**<br>13,788<br>-<br>13,788|
|---|---|---|---|---|



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