Telugu Association of London Charity Registration Number: 1137074 Report ol the Trustees for the Year Ended 31 March 2024 The Trustees present th￿r rewt and the financial statements for the year ended 31 March 2024. The Trustees who se￿￿ during the year and up to the date of this report afy set out below. R•f•r•ne• & Adminlstratlv• Inlorniation Busin•ss 4ddr•ss Grosvenor House 147 Broadway London W13 gBE Bank•rs Barclays Bank PLC 53 The Broadway Ealing London V15 5JT Indop•nd•nt Examln•r Mr C R Kotta, m.com FAIA Esskay Management & Acc#)unting S8Nices Ltd Registered Public Acwuntants Unit 9 Power House. Higham Mead. Chesham England HPS 2AH Stru¢tur•i g•v•rnarK• and manaq•m•nt CONSTITUTION The Telugu Asscrkqtion of LoTrJon (TAL) was registered a3 a charity on 26th July 2010 wilh its goveming document being rts Constrtution as rewsed In December 2014. TrUSTEES During the p9ri0d tho Trustees we￿. Mr Ravi Sabbd, ChairkErson - apwinted in 2023 Mr Kiran Kappeta, Vice Chairman & Secretary- appointed in Dec 2023 Mr Anil Ananthula {from 7th November 2020) - appointed as Troasurer in Dec 2023 Mr Ravikumar Reody M¢xherfa - appointed as Tru5lee Ior Fund raising in tkG 2023 Mr Venkat Ne@la Sp￿inted aq Truste@ for Fund raising in Dec 2023 Ms. Sreedevi Aleddula- appointed as Tnjstee for Cultural 8Ctivitios in Dec 2023 Mr Ashok Madishetti - appoinled as Trustee for TCC in Dec 2023 Mrs Bharathi Kandukuri {from 1P October 2015) resigned in Dec 2023 Mr Rajesh Toleti (fTUllI 28" October 2017> resigned in DeG 2023 Mr Govardhan Giridhar Putlur {from 28th October 20171 resigned in D8c 2(r23 Mr Ravinder Reddy Gummakonda lfrcvn P Novemb8r 20201 resigned in D￿ 2023 Ms Anita Rahul Nomula (from P November 20201 resvJn&J in ￿ 2023 Mr Navin Kumar Gadamsethi (frcmn P November 2020) resigngj in D￿ 2023 Mr Gangakishore Kasturi (from P November 2020) reS￿ned in 2023 Telugu Association of London Gharrty Registration Number: 1137074 Report of the Trustees for the Year Ended 31 MarGh 2024 Appointm•nt m•thod, Induetiw and training ol trust•es Trustees are appoint&J by Members in a General Meeting. The Chair ofthe Trustees is responsible for the induction of any new C￿mitt￿ mefflLEr. this involves awareness of reswnsibilibes, of the goveming do￿jment. of adminislratrve prc£edures and of the histw ar)d activiti8s of the Assc¢iation. A new member should receive copie5 of the previous yearfs annual report and acwunls, contact details of other Trustees. as well as a copy of the Charity Commission leaflet "The Essential Trustee: Wnat you need to kn￿¥". Organisallon strudur• of TAL and decision maklng proc•ss Allhough the Trustees have ulb.male re¥h)nsibilty for the ￿nn1￿ of the A&8(Kiation they receNe advice from the Honorary Govemors who are ekjers of the community. In tum the Trustees appoint Secretaries to take responsibilty for organising one of the range of the wide range of &tivitie5 as well as for financial and administrative support Secretartes are expected to regularly report bac to the Trustees. Risks and Intsmal eontrol The Trustees have overall responsibilty for ensuring that TAL has appropriate systems of control, bolh financial and operational. These systems should be desrgned to provide reasonable, but not absolute. assurance against material misstatement or loss. The nthv Trustees have recoanised that there were major financial and operational risks facing TAL in torn8 of financial control and governance. They a￿ ifflplementing an actioii plaii to en￿lu[B that, a5 far a5 is reasonable, cortro15 are in place lo protect TAL. its Members. the general public and other stakeholders. QbJ•ctiv•s and actlviti•s The Telugu Association of Lon(lon pr￿leS malnty for the benefft of Ihe pUt￿lC particularfy and not exclusrvely the Telugu C(JmmLinty in the UnitÉxl ￿ngthrn. in partkxjlar a) The advancement of education including ÈdueAtiDn in TAluou history, cultLJr@ and customg.. b) The reliel ot povth.. c) The provisbn of facili1se5 in the interests of s￿1 wdfare for r￿On or other ￿SUre ts'me occupatThi of indiv￿￿al$. who have n8•J of such f￿￿11t1es by reason of their youth, age, infirmty or disabilty. financial hardship or S￿la1 GirGumstan(ts with the (4)i￿t of improving their condrtions of life.. d) The promotion of r&ial hannony ror ihe public benefit by.. (for example) Promoting knowl&Jge and mutual undetstanding between different racial groups. 11. Advancing education arKI raising awareness about different ￿la1 groups to promote o(M)d relations belween persons of different S(￿la1 groups", 111. Working t(Mards the elimination of discrimination on the grounds of r￿,. How has TAL tried to furthw th•s• aims? Durina the year TAL has oroaniswj a series of culiural eV￿ls and s￿S acts"vities and has provided educational servi￿$ through the TAL Cultural Centre. Although primarily accessed by m@m￿rS of the Telugu GcKnmunty we welcome individuals from all backgrounds. The Trustees consider that the activibes undertaken, offered at no or minimal cost. provide benefit to the community as a whole and confim that in exetcisirvJ their powers and duties, Ihey have complied with their duty to have due regard to the guidance on public benefit published by the Charity Commission aThJ have compli&J with their duties uThder SectKin 17 of the Charitbes A 2011. Achl•v•m•nts and prfornianc• During the year TAL cOnduc￿j the folkming events sw£e55fully with the help of the wider communty participation. TAL Children's Day - Event TAL Help to Intemational Students Conducted classical music. Telugu LangU￿e Ck8sse5 Conducted Dan￿ Classes - Sankranthi Cdebrations TAL Christrnas Celebrations TAL Annual General Meeting TAL Ugadi Celebrations TAL Primier League (Cricket) TAL Winter Sports l B￿jMInton & Volleyball) A fuller account of TAL'S activtties can be fourtrl on the TAL website.. wvM.taluk.org Telugu Association of London Gharity Reglstration Number. 1137074 Roport of tho Tru8taae for the Year Ended 31 Mar¢h 2024 Flnanclal r•vl•w Financlal rosults for tho y•ar txjring the year TAL'S total receipts cl £85,578 (x)mpar•Y ￿ previous year of £71.514 due to (xganising various aG*vitw e￿ts and total sperKling of £98.630 c(Anpar&J to prBvh)us year of £72,087, however the charity m*Je a deficai of £13.052 compared to deficit of £573 in the tyevious year due to spendir¥J on events and aciMb8s. Trustees wcyjld 8XF*Ct to make an occasional defi(?t as long as these are matched over lime by compensatii¥J surFAus6s. Cash holdings remain healthy with £30,649 {2023 :£43.701) in the bank at year end. Full detsils of the r8suIts for th8 year ar8 as shovm in Ihe kU￿nts. The airn of the Truste89 tg to ensure that TAL IK)Ids adoquale r8serv86 to all(M it to continue Its Charitable obi8ctsv8s. Sin(x there are neither paid staff. nor premises and all activib8s should be self-fvnding the Trustees believe that a reserve of £20.OCN) should ts yjfficient. However, as at 31 March 2024 reswves stood at £30.649. are no designated reser4es the excess r8s8rv8 funds ￿111 be deployed in future in support of athviti'es in line wrth TAL'S objects. Pla￿ Fulurv PeTl•xls Trustees are confident the Situa1￿ will improve a lot in the comiro years and ttle communty is growng in UK and wrwkl l)e aimirKJ to have rfs (Ayn premw trK soual gatherings and aso eating an atxlamy for srxyls and makiffj IL*elf self-SUStainatA8 in firtur8 tim@s. Conts"nuing the eXth￿ range of events and ￿￿vIbes. Trustees are also avrdre that they need to improve the Asscciatson's governarb￿ and finaniial y8tpJnq indiidino extpThJino Ihp. onlin8 pEwent systems to reduce txsh transactions. Aptxoved by the Trustees cfft 10 Jarw 2025 and SHJn￿ on thex behalf by ChalTper50n Mr Ravl Sabba TrnaSUT¥r Mr Anll Ananthula Telugu Association of London Charity Registration Number: 1137074 Trustees, Annual Report and Financial Statements for the year ended 31 March 2024 Telugu Association of London Charity Registration Number: 1137074 Contents Pag• Trustees, Report Independent Examiner's report Receipt and Payments Account Statement of Assets and Li8bililies Notes to the Accounts 10 Telugu Association of London Charity Registration Number: 1137074 Report of the Trustees for the Year Ended 31 March 2024 The Trustees present their report and the financial statements for the year ended 31 March 2024. The Trustees who served during the year and up to the date of this report are set out below. R•f•r•n¢• & Admlnlstratlv• Infonnatlon Busln•ss addr•ss Grosvenor House 147 Broadway London W13 9BE 8ank•rs Barclays Bank PLC 53 Th8 Broadway Ealing London W5 5JT Ind•p•nd•nt Examln•r Mr C R Kotla, m.com FAIA Esskay Management & Accounting Servlces Ltd Registered Public Accountants Unit g Power House, Higham Mead, Chesham England HP5 2AH structur•, gov•rnan¢• and manag•m•nt CONSTITUTION The Telugu Association of London ITALI was registered as a charity on 26 July 2010 with its governing document being its Constitution as revised in December 2014. TRUSTEES During the period the Trustees were.. Mr Ravi Sabba, Chairperson - appointed In Dec 2023 Mr Kiran Kappeta, Vice Chairman & Secretary - appointed in Dec 2023 Mr Anil Ananlhula (from 7" November 2020)- appointed as Treasurer in Dec 2023 Mr Ravikumar Reddy Mocherla - appointed as Trustee for Fund raising in Dec 2023 Mr Venkat Neela appointed as Trustee for Fund raising in Dec 2023 Ms. Sreedevi Aleddula- appointed as Trustee for Cultural activities in Dec 2023 Mr Ashok Madishetti - appointed as Trustee for TCC in Dec 2023 Mrs Bharalhi Kandukuri {from 1W October 2015) resigned in Dec 2023 Mr Rajesh Toleti (from 28th October 20171 resigned in Dec 2023 Mr Govardhan Giridhar Putlur (from 28th October 20171 resigned in Dec 2023 Mr Ravinder Reddy Gummakonda (from 7th November 20201 resigned in Dec 2023 Ms Anita Rahul Nomula (from 7th November 2020} resigned in Dec 2023 Mr Navin Kumar Gadamsethi (from 71h November 2020) resigned in Dec 2023 Mr Gangakishore Kasturi (from 7th November 2020) resigned in Dec 2023 Telugu Association of London Charity Registration Number.. 1137074 Report of the Trustees for the Y•ar Ended 31 March 2024 Appolntm•nt mothod, Induction and trainlng of trust•es Trustees are appointed by Members in a General Meeting. The Chair of the Truste8s is responsible for the induction of any new committee member., this involves awareness of responsibilities, of the governing document, of administrative prcredures 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" Organlsatlon stru¢tur• of TAL and dKlslon maklng pro¢￿S Although the Trustees have ultimate responsibility for the running of the Association they r8ceive advice from the Honorary Governors who are elders ofthe community. In turn the Trustees appoint Secretaries to take responsibilily 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. Rlsks and Int•rnal ¢ontrol The Trustees have overall responsibility for ensuring that TAL has appropriate systems of control. both financi81 and operational. These systems should be designed to provide reasonable, but not absolute, assurance against malerial misstatement or loss. The new Trustees have recognised thal Ihere were major financial and operational risks facing TAL in terms of financial control and governance. They ar8 implementing an action plan lo ensure that, as far as is reasonable, controls are in place to protect TAL, its Members, the general public and other stakeholders. ObJ•atlv•s and a¢tlvltl•s 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 al The advancement of education including education in Telugu history, culture and customs., bl The relief of poverty: c) Th8 provision of facilities in the interests of S(￿la1 welfare for recreation or other Feisure time occupation of individuals, who have need of such facilities by reason of their youth, age, infirmity or disability, financial hardship or social clrcumstances with the object of improving their conditions of life., d) The promotion of racial hamony for the public benefit by.. (for example) Promoting knowledge and mutual understanding beMe8n different racial groups; 11. Advancing education and raising awareness about different racial groups to promot8 good relations betAveen persons of different social groups., 111. Working tcwards the elimination of discrimination on the grounds of race- How has TAL tri￿ to furth•r th•s• aims? During the year TAL has organised a series of cultural events and sports activities 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 lo the guidance on public benefit published by the Charity Commission and have complied with their duties under Section 17 of the Charities Act 2011. Achlev•m•nts and p•rfomianc• During the year TAL conducted the following events successfully with the help of the wider community participation. TAL Children's Day - Event TAL Help to International Students Conducted classical music, Telugu Language Classes Conducted Dan￿ Classes - Sankranthi Celebrations TAL Christmas Celebrations TAL Annual General Meeting TAL Ugadi C81ebrations TAL Primier League {Cricketl TAL Winter Sports l Badminlon & Volleyball) A fuller account of TAL'S activities can be found on the TAL website.. vwM.taluk.org Telugu Association of London Charity Registratlon Number: 1137074 Report of the Trustses for the Year Ended 31 March 2024 Flnanclal revlow Flnanclal rnsults lor the y￿r Dursng the year TAL'S total receipts of £85,578 compared to previous y8ar of £71,514 du8 to OffJanising various activities and events and total spending of £98.630 compared to previous year of £72.087, howov8r the charity made a deficit of £13,052 compared to deficit of £573 in the previous y&ar du8 to spendlng on events and activities. Trustees would expect to make an occasional deficit as long as these are matched over tlme by comp8nsating surtyuses. Cash holdings remain healthy with £30,649 (2023 .£43,701) in the bank at year end. Full details of the results for the year are as shown in the Accounts. Ro•orvo• Pollcy The aim of the Trustees is to ensure that TAL holds adequate reserves to allow it to continue its charitabla objectives. Since there are nerther paid staff. nor premisas and since all activit18s should be self-funding the Trustees believe Ihal a res8rve of £20,000 should be suffici6nt. Howevef, as at 31 March 2024 reserves stood at £30,649. As there are no designated reserves the excess reserv8 funds wtll b8 deployed in the future in support of activit18s in line wth TAL'S objects. Plans for Future P•rlod• Trustees are confident the sltU8tlon wlll improve a lol In the coming years and the cornmunlty is growing In UK and would be aimlng to have it's own premises for social g8therings and also cr88ts'ng an academy for sports and making Itself s8lf-sust8inable in flrtura tlm88. Continuing with the 8XiSting r8nge of events and activities. Trustees are also awar8 that they need to improve the Association's govemance and financial systems including extending the online payment systems to reduce cash transactions. Approved by the Trustees on 10 January 2025 and signed on their b8half by Chalrper80n Mr Ravl Sabba Treasurer Mr Anll Ananthula Telugu Association of London Charity Registration Nurn￿r: 1137074 Ind•pend•nt Examinetrs report to th• Trust••s of Tolugu Assoolatlon of London I report on the accounts of the charity for the year ended 31 March 2024, which are set out on pag8s 8 to 10. R•sp•ctlv• The charity's trustees are responsible for the preparation of the accounts. r•sponslblliti•s of The charity's trustees consider that an audit is not required for this year trust••s and examln•r 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 Ihe general Directions given by the Charty Commission (under section 14515)(bl of the charities Act, and to state whether particular matters have come to my attention. Basls of Ind•p•nd•nt My examinalion was carried out in accordance wrth general Directions •xamln•rfs stat•m•nt given by the Charity Commission. An examination includes a review of the accounting records k8Pt by the charity 8nd 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. Ind•p•nd•nt •xamln•rfs In connection with my exarnination, no matter has come to my attention stat•m•nt 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'..10 January 2025 Telugu Association of London Charity Registration Number: 1137074 Receipts and Payments Account for the period 1 April 2023 to 31 March 2024 2023124 2022123 2021122 Recei ts Membership and Voluntary Contributions Communi Hel Donations Student Fees Events Activities Amazon Smile and Easy Fundraisin Donations 1,500 2,250 1,350 40.881 17.499 20,681 12.460 28 Total Recei 85 578 71.514 Pa ments Teachin Events Activities Governance Costs Miscellaneous Communi Hel Donations Staff 7658 17.797 19 034 978 242 250 Total Pa ments Net Recei sl Pa ments 13 052 573 enin Bank and cash holdin Closin Bank and cash holdin 43.701 Telugu Association of London Charlty Reglstratlon Number: 1137074 Statement of Assets and Llabllltles as at 31 March 2024 31 March 2024 31 March 2023 31 March 2022 Cash Funds Bank Accounts 44,274 Total Current Assets 30,649 43,701 Other Assets Liabilities Surplus In recei 30,649 43,701 44,274 Approved by the Trustees on 10 January 2025 and signed on their behalf by Chalrperson Mr Ravl Sabba Treasurnr Mr Anll Ananthula Telugu Association of London Charity Registration Number: 1137074 Notes to tho accounts for tho year end•d 31 March 2024 1. A￿oUntIng pollci•s The accounts are completed on a Receipts and p•￿ents basi$ in accordance with the Charities 2011 that summarises the movement of cash into and out of the organi8ation dunng the finanaal year. 2. Trust••s R•mun•ration No rèmuneration was paid to the Trustees or any connected persons during the year12023124 £ nil) No expen8e8 were paid to the Tru81e88 or any connected per80n8 during the yeaT12023124. £ nl) 3. R•lat•d Party Transactlons During the year no related party transaction8 were reported by the TruJtee8. 10 ## **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 2024 **ended Set out on pages** 1-10 **Charity no** 1137074 **(if any)** (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 31/03/2024. **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 examiner's statement** I have completed my examination. I confirm that no material matters have come to my attention 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. **Signed: Date:** 11 January 2025 ~~|~~ **Name:** Chidambara Rao Kotta ~~CT~~ **Relevant professional** M.Com., FAIA (Fellow Member The Association of International **qualification(s) or body** Accountants) **(if any):** **Address:** Unit 9 Power House Higham Mead, Chesham HP5 2AH Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners). **Section B Disclosure** ~~ee~~ **October 2018** 1 **IER** **Give here brief details of** NONE **any items that the examiner wishes to disclose** . **October 2018** 2 **IER**