# **Telugu Association of London Charity Registration Number: 1137074**
**Trustees' Annual Report and Financial Statements for the year ended 31 March 2022**
1
## **Telugu Association of London Charity Registration Number: 1137074**
|**Contents**||
|---|---|
||**Page**|
|Trustees’ Report|**3 – 6**|
|Independent Examiner’s report|**7**|
|Receipt and Payments Account|**8**|
|Statement of Assets and Liabilities|**9**|
|Notes to the Accounts|**10**|
2
## **Telugu Association of London Charity Registration Number: 1137074 Report of the Trustees for the Year Ended 31 March 2022**
The Trustees present their report and the financial statements for the year ended 31 March 2022. The Trustees who served during the year and up to the date of this report are set out below.
## **Reference & Administrative Information**
**Business address** Grosvenor House 147 Broadway London W13 9BE
## **Bankers**
Barclays Bank PLC 53 The Broadway Ealing London W5 5JT
## **Independent Examiner**
Mr C R Kotta, M.Com FAIA Esskay Management & Accounting Services Ltd Registered Public Accountants Unit 9 Power House Higham Mead, Chesham England HP5 2AH
## **Structure, governance and management**
## _CONSTITUTION_
The Telugu Association of London (TAL) was registered as a charity on 26[th] July 2010 with its governing document being its Constitution as revised in December 2014.
## _**TRUSTEES**_
During the period the Trustees were: Mrs Bharathi Kandukuri (from 17[th] October 2015) Chairman from 7[th] November 2020 Mr Rajesh Toleti (from 28[th] October 2017) Treasurer from 7[th] November 2020 Mr Govardhan Giridhar Putlur (from 28[th] October 2017) Mr Anil Ananthula (from 7[th] November 2020) Mr Ravinder Reddy Gummakonda (from 7[th] November 2020) Ms Anita Rahul Nomula (from 7[th] November 2020) Mr Navin Kumar Gadamsethi (from 7[th] November 2020) Mr Gangakishore Kasturi (from 7[th] November 2020)
3
## **Telugu Association of London Charity Registration Number: 1137074 Report of the Trustees for the Year Ended 31 March 2022**
## _APPOINTMENT METHOD, INDUCTION AND TRAINING OF TRUSTEES_
Trustees are appointed by Members in a General Meeting. The Chair of the Trustees is responsible for the induction of any new committee member; this involves awareness of responsibilities, of the governing document, of administrative procedures and of the history and activities of the Association. A new member should receive copies of the previous year’s annual report and accounts, contact details of other Trustees, as well as a copy of the Charity Commission leaflet “The Essential Trustee: What you need to know”.
## _ORGANISATION STRUCTURE OF TAL AND DECISION MAKING PROCESS_
Although the Trustees have ultimate responsibility for the running of the Association they receive advice from the Honorary Governors who are elders of the community. In turn the Trustees appoint Secretaries to take responsibility for organising one of the range of the wide range of activities as well as for financial and administrative support. Secretaries are expected to regularly report back to the Trustees.
## _RISKS AND INTERNAL CONTROL_
The Trustees have overall responsibility for ensuring that TAL has appropriate systems of control, both financial and operational. These systems should be designed to provide reasonable, but not absolute, assurance against material misstatement or loss. The new Trustees have recognised that there were major financial and operational risks facing TAL in terms of financial control and governance. They are implementing an action plan to ensure that, as far as is reasonable, controls are in place to protect TAL, its Members, the general public and other stakeholders.
## **Objectives and activities**
The Telugu Association of London promotes mainly for the benefit of the public particularly and not exclusively the Telugu Community in the United Kingdom, in particular
- a) The advancement of education including education in Telugu history, culture and customs;
- b) The relief of poverty;
- c) The provision of facilities in the interests of social welfare for recreation or other leisure time occupation of individuals, who have need of such facilities by reason of their youth, age, infirmity or disability, financial hardship or social circumstances with the object of improving their conditions of life;
- d) The promotion of racial harmony for the public benefit by: (for example)
- I. Promoting knowledge and mutual understanding between different racial groups;
- II. Advancing education and raising awareness about different racial groups to promote good relations between persons of different social groups;
- III. Working towards the elimination of discrimination on the grounds of race;
4
_HOW HAS TAL TRIED TO FURTHER THESE AIMS?_
During the year TAL has organised a series of virtual cultural events even though COVID 19 affected major disruption and has provided educational services through the TAL Cultural Centre. Although primarily accessed by members of the Telugu community we welcome individuals from all backgrounds.
The Trustees consider that the activities undertaken, offered at no or minimal cost, provide benefit to the community as a whole and confirm that in exercising their powers and duties, they have complied with their duty to have due regard to the guidance on public benefit published by the Charity Commission and have complied with their duties under Section 17 of the Charities Act 2011.
5
## **Telugu Association of London Charity Registration Number: 1137074 Report of the Trustees for the Year Ended 31 March 2022**
## **Achievements and performance**
During the year TAL conducted the following virtual events successfully with the help of the wider community.
- TAL Children’s Day – Virtual Event
- TAL Help to International Students
- Conducted classical music, Telugu Language Classes - Virtual
- Conducted Dance Classes - Virtual
- Sankranthi - Virtual
- TAL Christmas Celebrations - Virtual
- TAL Annual General Meeting - Virtual
A fuller account of TAL’s activities can be found on the TAL website: www.taluk.org
## **Financial review**
## _FINANCIAL RESULTS FOR THE YEAR_
During the year TAL’s total receipts of £50,657 compared to previous year of £23,618 due to organising various activities and events after recovery from COVID 19 however the charity made a surplus of £1,968 compared to surplus of £10,664 in the previous year due to spending on events and activities. Trustees would expect to make an occasional deficit as long as these are matched over time by compensating surpluses. Cash holdings remain healthy with £44,274 in the bank at year end.
Full details of the results for the year are as shown in the Accounts.
## _RESERVES POLICY_
The aim of the Trustees is to ensure that TAL holds adequate reserves to allow it to continue its charitable objectives. Since there are neither paid staff, nor premises and since all activities should be self-funding the Trustees believe that a reserve of £20,000 should be sufficient. However, as at 31 March 2022 reserves stood at £44,274. As there are no designated reserves the excess reserve funds will be deployed in the future in support of activities in line with TAL’s objects.
## **Plans for Future Periods**
Trustees are confident the situation will improve in the coming years and the community is growing in UK and would aiming creating an academy for sports and making itself selfsustainable in future times.
Continuing with the existing range of events and activities.
6
Trustees are also aware that they need to improve the Association’s governance and financial systems including extending the online payment systems to reduce cash transactions.
Approved by the Trustees on 23rd January 2023 and signed on their behalf by
……………………….. ……………………….. **Chair Treasurer Bharathi Kandukuri**
**Treasurer Rajesh Toleti**
7
## **Telugu Association of London Charity Registration Number: 1137074**
## **Independent Examiner's report to the Trustees of Telugu Association of London**
I report on the accounts of the charity for the year ended 31 March 2022, which are set out on pages 9 to 11.
**Respective** The charity's trustees are responsible for the preparation of the accounts. **responsibilities of** The charity’s trustees consider that an audit is not required for this year **trustees and examiner** under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed. It is my responsibility to:
- examine the accounts under section 145 of the Charities Act,
- to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the charities Act, and
- to state whether particular matters have come to my attention.
**Basis of independent** My examination was carried out in accordance with general Directions **examiner’s statement** given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given in the accounts.
**Independent examiner's** In connection with my examination, no matter has come to my attention **statement** other than that disclosed above
which gives me reasonable cause to believe that in, any material respect, the requirements to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act have not been met; or
to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
........................................................
C R Kotta, M.Com., FAIA
Esskay Management & Accounting Services Ltd
Registered Company in England & Wales 05862580 Unit 9 Power House
Higham Mead, Chesham
England HP5 2AH Date:.24 January 2023
8
## **Telugu Association of London Charity Registration Number: 1137074 Receipts and Payments Account for the period 1 April 2021 to 31 March 2022**
**----- Start of picture text -----**
2021/22 2020/21 2019/20
£ £ £
Receipts
Membership and Voluntary 1,350 450 900
Contributions
Community Help Donations 2,499 5916 4149
Student Fees 11,828 13452 10170
Events 22,436 3747 25316
Activities 12,460 - 21233
Amazon Smile and Easy 84 53 85
Fundraising Donations
Total Receipts 50,657 23618 61853
Payments
Teaching Staff 10,461 6581 5620
Events 17,797 1180 27494
Activities 19,034 460 23321
Governance Costs 1,083 1057 729
Miscellaneous 64
Community Help Donations 250 3676 2854
Total Payments 48,689 12954 60018
Net Receipts/(Payments) 1,968 10664 1835
Opening Bank and cash holdings 42,306 31,642 29,806
Closing Bank and cash holdings 44,274 42,306 31,642
**----- End of picture text -----**
9
## **Telugu Association of London Charity Registration Number: 1137074**
## **Statement of Assets and Liabilities as at 31 March 2022**
**----- Start of picture text -----**
31 31 31
March March March
2022 2021 2020
£ £
Cash Funds 0 0 0
Bank Accounts 44,274 42,306 31,642
Total Current Assets 44,274 42,306 31,642
Other Assets
Liabilities
Surplus in receipts 44,274 42,306 31,642
**----- End of picture text -----**
Approved by the Trustees on 23 January 2023 and signed on their behalf by
………………………………. …………………………….
**Chair Bharathi Kandukuri**
**Treasurer Rajesh Toleti**
10
## **Telugu Association of London**
**Charity Registration Number: 1137074**
## **Notes to the accounts for the year ended 31 March 2022**
## **1. Accounting policies**
The accounts are completed on a Receipts and Payments basis in accordance with the Charities Act 2011 that summarises the movement of cash into and out of the organisation during the financial year.
## **2. Trustees Remuneration**
No remuneration was paid to the Trustees or any connected persons during the year (2021/22: £ nil) No expenses were paid to the Trustees or any connected persons during the year (2021/22: £ nil)
## **3. Related Party Transactions**
During the year no related party transactions were reported by the Trustees.
11
# **Telugu Association of London Charity Registration Number: 1137074**
**Trustees' Annual Report and Financial Statements for the year ended 31 March 2022**
1
## **Telugu Association of London Charity Registration Number: 1137074**
|**Contents**||
|---|---|
||**Page**|
|Trustees’ Report|**3 – 6**|
|Independent Examiner’s report|**7**|
|Receipt and Payments Account|**8**|
|Statement of Assets and Liabilities|**9**|
|Notes to the Accounts|**10**|
2
## **Telugu Association of London Charity Registration Number: 1137074 Report of the Trustees for the Year Ended 31 March 2022**
The Trustees present their report and the financial statements for the year ended 31 March 2022. The Trustees who served during the year and up to the date of this report are set out below.
## **Reference & Administrative Information**
**Business address** Grosvenor House 147 Broadway London W13 9BE
## **Bankers**
Barclays Bank PLC 53 The Broadway Ealing London W5 5JT
## **Independent Examiner**
Mr C R Kotta, M.Com FAIA Esskay Management & Accounting Services Ltd Registered Public Accountants Unit 9 Power House Higham Mead, Chesham England HP5 2AH
## **Structure, governance and management**
## _CONSTITUTION_
The Telugu Association of London (TAL) was registered as a charity on 26[th] July 2010 with its governing document being its Constitution as revised in December 2014.
## _**TRUSTEES**_
During the period the Trustees were: Mrs Bharathi Kandukuri (from 17[th] October 2015) Chairman from 7[th] November 2020 Mr Rajesh Toleti (from 28[th] October 2017) Treasurer from 7[th] November 2020 Mr Govardhan Giridhar Putlur (from 28[th] October 2017) Mr Anil Ananthula (from 7[th] November 2020) Mr Ravinder Reddy Gummakonda (from 7[th] November 2020) Ms Anita Rahul Nomula (from 7[th] November 2020) Mr Navin Kumar Gadamsethi (from 7[th] November 2020) Mr Gangakishore Kasturi (from 7[th] November 2020)
3
## **Telugu Association of London Charity Registration Number: 1137074 Report of the Trustees for the Year Ended 31 March 2022**
## _APPOINTMENT METHOD, INDUCTION AND TRAINING OF TRUSTEES_
Trustees are appointed by Members in a General Meeting. The Chair of the Trustees is responsible for the induction of any new committee member; this involves awareness of responsibilities, of the governing document, of administrative procedures and of the history and activities of the Association. A new member should receive copies of the previous year’s annual report and accounts, contact details of other Trustees, as well as a copy of the Charity Commission leaflet “The Essential Trustee: What you need to know”.
## _ORGANISATION STRUCTURE OF TAL AND DECISION MAKING PROCESS_
Although the Trustees have ultimate responsibility for the running of the Association they receive advice from the Honorary Governors who are elders of the community. In turn the Trustees appoint Secretaries to take responsibility for organising one of the range of the wide range of activities as well as for financial and administrative support. Secretaries are expected to regularly report back to the Trustees.
## _RISKS AND INTERNAL CONTROL_
The Trustees have overall responsibility for ensuring that TAL has appropriate systems of control, both financial and operational. These systems should be designed to provide reasonable, but not absolute, assurance against material misstatement or loss. The new Trustees have recognised that there were major financial and operational risks facing TAL in terms of financial control and governance. They are implementing an action plan to ensure that, as far as is reasonable, controls are in place to protect TAL, its Members, the general public and other stakeholders.
## **Objectives and activities**
The Telugu Association of London promotes mainly for the benefit of the public particularly and not exclusively the Telugu Community in the United Kingdom, in particular
- a) The advancement of education including education in Telugu history, culture and customs;
- b) The relief of poverty;
- c) The provision of facilities in the interests of social welfare for recreation or other leisure time occupation of individuals, who have need of such facilities by reason of their youth, age, infirmity or disability, financial hardship or social circumstances with the object of improving their conditions of life;
- d) The promotion of racial harmony for the public benefit by: (for example)
- I. Promoting knowledge and mutual understanding between different racial groups;
- II. Advancing education and raising awareness about different racial groups to promote good relations between persons of different social groups;
- III. Working towards the elimination of discrimination on the grounds of race;
4
_HOW HAS TAL TRIED TO FURTHER THESE AIMS?_
During the year TAL has organised a series of virtual cultural events even though COVID 19 affected major disruption and has provided educational services through the TAL Cultural Centre. Although primarily accessed by members of the Telugu community we welcome individuals from all backgrounds.
The Trustees consider that the activities undertaken, offered at no or minimal cost, provide benefit to the community as a whole and confirm that in exercising their powers and duties, they have complied with their duty to have due regard to the guidance on public benefit published by the Charity Commission and have complied with their duties under Section 17 of the Charities Act 2011.
5
## **Telugu Association of London Charity Registration Number: 1137074 Report of the Trustees for the Year Ended 31 March 2022**
## **Achievements and performance**
During the year TAL conducted the following virtual events successfully with the help of the wider community.
- TAL Children’s Day – Virtual Event
- TAL Help to International Students
- Conducted classical music, Telugu Language Classes - Virtual
- Conducted Dance Classes - Virtual
- Sankranthi - Virtual
- TAL Christmas Celebrations - Virtual
- TAL Annual General Meeting - Virtual
A fuller account of TAL’s activities can be found on the TAL website: www.taluk.org
## **Financial review**
## _FINANCIAL RESULTS FOR THE YEAR_
During the year TAL’s total receipts of £50,657 compared to previous year of £23,618 due to organising various activities and events after recovery from COVID 19 however the charity made a surplus of £1,968 compared to surplus of £10,664 in the previous year due to spending on events and activities. Trustees would expect to make an occasional deficit as long as these are matched over time by compensating surpluses. Cash holdings remain healthy with £44,274 in the bank at year end.
Full details of the results for the year are as shown in the Accounts.
## _RESERVES POLICY_
The aim of the Trustees is to ensure that TAL holds adequate reserves to allow it to continue its charitable objectives. Since there are neither paid staff, nor premises and since all activities should be self-funding the Trustees believe that a reserve of £20,000 should be sufficient. However, as at 31 March 2022 reserves stood at £44,274. As there are no designated reserves the excess reserve funds will be deployed in the future in support of activities in line with TAL’s objects.
## **Plans for Future Periods**
Trustees are confident the situation will improve in the coming years and the community is growing in UK and would aiming creating an academy for sports and making itself selfsustainable in future times.
Continuing with the existing range of events and activities.
6
Trustees are also aware that they need to improve the Association’s governance and financial systems including extending the online payment systems to reduce cash transactions.
Approved by the Trustees on 23rd January 2023 and signed on their behalf by
……………………….. ……………………….. **Chair Treasurer Bharathi Kandukuri**
**Treasurer Rajesh Toleti**
7
## **Telugu Association of London Charity Registration Number: 1137074**
## **Independent Examiner's report to the Trustees of Telugu Association of London**
I report on the accounts of the charity for the year ended 31 March 2022, which are set out on pages 9 to 11.
**Respective** The charity's trustees are responsible for the preparation of the accounts. **responsibilities of** The charity’s trustees consider that an audit is not required for this year **trustees and examiner** under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed. It is my responsibility to:
- examine the accounts under section 145 of the Charities Act,
- to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the charities Act, and
- to state whether particular matters have come to my attention.
**Basis of independent** My examination was carried out in accordance with general Directions **examiner’s statement** given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given in the accounts.
**Independent examiner's** In connection with my examination, no matter has come to my attention **statement** other than that disclosed above
which gives me reasonable cause to believe that in, any material respect, the requirements to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act have not been met; or
to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
........................................................
C R Kotta, M.Com., FAIA
Esskay Management & Accounting Services Ltd
Registered Company in England & Wales 05862580 Unit 9 Power House
Higham Mead, Chesham
England HP5 2AH Date:.24 January 2023
8
## **Telugu Association of London Charity Registration Number: 1137074 Receipts and Payments Account for the period 1 April 2021 to 31 March 2022**
**----- Start of picture text -----**
2021/22 2020/21 2019/20
£ £ £
Receipts
Membership and Voluntary 1,350 450 900
Contributions
Community Help Donations 2,499 5916 4149
Student Fees 11,828 13452 10170
Events 22,436 3747 25316
Activities 12,460 - 21233
Amazon Smile and Easy 84 53 85
Fundraising Donations
Total Receipts 50,657 23618 61853
Payments
Teaching Staff 10,461 6581 5620
Events 17,797 1180 27494
Activities 19,034 460 23321
Governance Costs 1,083 1057 729
Miscellaneous 64
Community Help Donations 250 3676 2854
Total Payments 48,689 12954 60018
Net Receipts/(Payments) 1,968 10664 1835
Opening Bank and cash holdings 42,306 31,642 29,806
Closing Bank and cash holdings 44,274 42,306 31,642
**----- End of picture text -----**
9
## **Telugu Association of London Charity Registration Number: 1137074**
## **Statement of Assets and Liabilities as at 31 March 2022**
**----- Start of picture text -----**
31 31 31
March March March
2022 2021 2020
£ £
Cash Funds 0 0 0
Bank Accounts 44,274 42,306 31,642
Total Current Assets 44,274 42,306 31,642
Other Assets
Liabilities
Surplus in receipts 44,274 42,306 31,642
**----- End of picture text -----**
Approved by the Trustees on 23 January 2023 and signed on their behalf by
………………………………. …………………………….
**Chair Bharathi Kandukuri**
**Treasurer Rajesh Toleti**
10
## **Telugu Association of London**
**Charity Registration Number: 1137074**
## **Notes to the accounts for the year ended 31 March 2022**
## **1. Accounting policies**
The accounts are completed on a Receipts and Payments basis in accordance with the Charities Act 2011 that summarises the movement of cash into and out of the organisation during the financial year.
## **2. Trustees Remuneration**
No remuneration was paid to the Trustees or any connected persons during the year (2021/22: £ nil) No expenses were paid to the Trustees or any connected persons during the year (2021/22: £ nil)
## **3. Related Party Transactions**
During the year no related party transactions were reported by the Trustees.
11
## **Independent examiner's report on the accounts**
## **Section A Independent Examiner’s Report**
**Report to the trustees/** Charity Name **members of** Telugu Association of London **On accounts for the year** 31 March 2022 **Charity no** 1137074 **ended (if any) Set out on pages** 1-13 (remember to include the page numbers of additional sheets)
I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended **DD / MM / YYYY** .
- **Responsibilities and** As the charity trustees of the Trust, you are responsible for the preparation **basis of report** of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
**Independent** I have completed my examination. I confirm that no material matters have **examiner's statement** come to my attention (other than that disclosed below *) in connection with the examination which gives me cause to believe that in, any material respect:
- accounting records were not kept in accordance with section 130 of the Act or
- the accounts do not accord with the accounting records
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.
* _Please delete the words in the brackets if they do not apply._
|**Signed:**
**Name:**
**Relevant professional**
**qualification(s) or body**
**(if any):**
**Address:**|**Date:**|24 January 2023|
|---|---|---|
||||
||Chidambara Rao Kotta||
||||
||M.Com., FAIA (Fellow Member The Association of International
Accountants)||
||||
||Unit 9 Power House||
||Higham Mead, Chesham||
||HP5 2AH||
**October 2018**
1
**IER**
## **Section B Disclosure**
Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).
**Give here brief details of** NONE **any items that the examiner wishes to disclose** .
**October 2018**
2
**IER**