| Page | |||
|---|---|---|---|
| Report ofthe Trustees | 1 —to | ||
| Report ofthe Independent | Auditors | 11-13 | |
| Statement ofananaal | ectivlttss | 14 | |
| Balance sheet | 15 | ||
| Statement ofcashttows | 16 | ||
| Notes tothe finandal statements | 17-29 |
| Rbrk Sbrnagement | |
|---|---|
| The Erecuthm Commfitee acfively nwlews the major dsks widch the charfiy faces on a regukrr basis and belimm that maintaining reserves at current tmmls, combined with an annual mvlew ofthe contmls over key finarickd systems tobe adequate. The Trustees are sstlsfied that thme ars appropriate controls in pkme to provkle reasonable assurance against fraud orenor end to deal wfih dsks ktenfifisd. In parficutsr, annual Insurance cover ls in place tosafeguard the scfivtfies and equipment owned by the charity. Bskrw sre the principal dsks faced by the charity and the control procedures to mitigate the dsks: |
|
| Rhk kfenfified | Control Procedure |
| Serious injury to volunteer orvisitor while cond sctM' s. . |
Inkoductlon ofliability waiver tobe signed by all yoga srf ants |
| Accklental physkml harm (children fagng snd/or getting hurt in cktss) London Spirfiuei Genie or SRMD UK volunteers am subject to radayhate crime |
Access to First Aid kit and a volunteer wfih First Akl training snd reporting any incident to pamnts immediately orsoon afisrctsss d andi on ofhsrm Exteniive engagement ofthe local communily to minimise fikelihood as much as possible |
| Signlficant drop tn number ofvolunteers |
Regular engagement ofvolunteers and etfscfive feedback |
| Flnancfal, legal and Insursmm-misted | |
| rhdm | |
| Risk denbfied | Consol Procedure |
| Donafionaltncome from fundraislng become smaller orless uent Loss offunds due to invesbnent losses and/or bank faitum |
Ensuring significant acfivkies are appropriately budgeted for advance Dhmrsilicslion ofreserves across multiple reputable banks |
| Damage, ass orthelt ofproperly or equipment |
Ensuns adequate levels ofinsurance for afi reasonable risks, adequate securfiy (e.g.CCTV) and conlroh over |
| Damage to buildings/assets owned by the ch thro fim th dame etc |
access to high-value items and htaintenance for high- value sto ensure warra mmalns intact Ensum adequate levels ofinsurance for afi reasonable risks |
| tfiovernance dsks |
|
| Rbrk idenfified | Conbol Procedure |
| Breach ofChild Pmtection Policy |
DBSchecks conducted for afi new volunteers, update snd dnndate Child Protection Policy (CPP)to afi volunteers every 2years. Volunteers must sign to conlinn they have read and understood CPP |
| Unrastrtchd | Restrioted | Total | Tohl | |||
|---|---|---|---|---|---|---|
| ~Inca L(}ymr |
Nates | funds f |
funds 8 |
2023 8 |
2822 5 |
|
| Dona8ons Invssbnents |
201,085 | 302.113 | 503,198 | 1,178,100 | ||
| Obsdhble acgv5(tw Grants Other Incoming resources Tahl Inoome |
265,127 | 2,580 2,500 4,855 312,331 |
42,268 2,500 4,858 577,458 |
10,224 22,013 11,500 1,219,537 |
||
| I59EHIIEi~n: | ||||||
| Charihble c8vgies Total msourcss expended |
5 | 191.056 191,056 |
328,343 328,343 |
519.399 519.399 |
1,270,284 'I470,284 |
|
| Net Income/(expsndgum) | forlbe | |||||
| year | 74,071 | (16,012) | 58,059 | (50,427) | ||
| Gmss tnmsl'em between funds |
14 | (20.118) | 20,118 | |||
| Net movement In funds |
53,955 | 4.104 | 58,059 | (50,427) | ||
| Fund bahncss at 1Apdl | 2,952,900 | 400,491 | 3353,391 | 3,403,818 | ||
| Fund bahnces nt31Mamh | 3,008,855 | 404,595 | 3,411,450 | 3,353,391 |
| Unrastrlcterl | Restricted | Total | Total | ||||
|---|---|---|---|---|---|---|---|
| Notes | Funds | Funds | 2923 | 2022 | |||
| 8 | 8 | 8 | |||||
| Tangible assets | 9 | 1,711,353 | 1,711.353 | 1,764,574 | |||
| Invsabnents | 10 | 1,070,624 | 370,588 | 1,441,1'l2 | 1440&6 | ||
| 2,781,877 | 370488 | 3,152,485 | 3,004,809 | ||||
| Currant assets | |||||||
| Debtors | 11 | 37,380 | 498 | 37,879 | 90,083 | ||
| Cash st bank and In | hand | 187,698 | 37,631 | 226,229 | 268,487 | ||
| 224,978 | 38,130 | 283,108 | 358A70 | ||||
| Cmditors: amounts | faglng due | ||||||
| within | |||||||
| orts year | &4 123) | f4.123) | f9,965) | ||||
| Nst current aasear | 224.978 | 34,007 | 268,985 | 348,682 | |||
| Total asseia has current gablgges |
3,008,855 | 404,595 | 3~11850 | 3,363WI | |||
| Income funds | |||||||
| Restricted funds | 404,596 | 404,595 | 400,491 | ||||
| Unrestricted fUnds |
2,008,855 | 2,006,856 | 2,9522I00 | ||||
| Unressicted designated pmperty purchase |
fund for | 1,000400 | 1,000,000 | ||||
| 14 | 3,008.856 | 4b4.595 | 3A11A60 | $,3634M |
| 5 | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows fiwn operating | acdvi«ee: | 139,403 | (67,330) | |||||||
| Net cash pnwlded by (used In) opera«ng |
ac«vtges | 2 7 | lm.saa | (57425( | ||||||
| Cash llcws from inves«ng | acthrt«es; | |||||||||
| (Increase)rdecreaae in inveshnenls |
(200,877) | 119,765 | ||||||||
| Dividends, Interest and rent |
24,634 | 10224 | ||||||||
| Dtsposay (Purchase) cfproperty, plant |
and equipment | (6,416) | ||||||||
| Net cash (used In) Provided by Inves«ng | ac«vi«es | (lass!(( | ilsasa | |||||||
| Change in cash and cash | equivalents | in the mportlng | period | (b) | (43,258) | 82,659 | ||||
| Cash and cash equivalents | brought | forward | ass.4a7 | 205,828 | ||||||
| Cash and cash equivalents | carried forwanl | 225,228 | 268,457 | |||||||
| (a) Recon(die«on ofnet |
movement | in funds to nst | cash gcw from | operating | actlvges | |||||
| 2023 | 2022 | |||||||||
| « | ||||||||||
| Internet | ||||||||||
| Net movements in funds for |
the reporfing | period | ||||||||
| Net income | 58,059 | (50,427) | ||||||||
| Adjustmerds fcn |
||||||||||
| De«re(dation charges | 59.839 | 55,551 | ||||||||
| (24,834) | (10,224) | |||||||||
| gus(ease)l decrease in debtom | 52,204 | (83,218) | ||||||||
| Increase/ (decrease) in creditors | (5,885) | 986 | ||||||||
| Net cash provided by (ussd |
in) opersllng | (advt«es | (as,sls | (67,330) | ||||||
| (b) Analysis ofcash and cash equivalents |
||||||||||
| 2023 | 2022 | |||||||||
| 5 | 5 | |||||||||
| Cash and cash equivalents | sl the beginning | of«w repor«ng | period | 268.487 | 205,528 | |||||
| Change in cash and cash equivalents Cash and cash equivalents atthe end |
b(the roper«ng ofthe rspor«ng |
period period |
(43855) 225,225 |
62659 288,487 |
| Un wtrhM | Reshlcled | Total | Total | |||
|---|---|---|---|---|---|---|
| funds | funds | 2023 | 2022 | |||
| Donations- SPINual Acgvities | ||||||
| -Oharmaprabhavna | 158,875 | 30,152 | 187,027 | 874.511 | ||
| -Bsdgvlu Pmllls | 81,837 | 81,837 | 1,118 | |||
| -Spiritual Centre | 7,585 | 7,585 | 5,845 | |||
| -General donaltons | 44,210 | 44,2'IO | 3,875 | |||
| -Atnmrph vslyavach |
1,435 | 1.435 | ||||
| -din Mandlr Devdmvya | 11,278 | 11,278 | 3,935 | |||
| Donagoas- Social AcgvNes | ||||||
| -Love end Care funds | 190,025 | 190,025 | ||||
| Forgm year ended 31March 2023 | 201,085 | 302,113 | 503,198 | 1.178,100 | ||
| Forthe year ended 21 ghuuh 2022 | 44,981 | 1,131,119 | 1.178,100 | |||
| 4 | Inveshnenln | |||||
| Interest receivable | 24 $24 | 12224 ~12 4 |
| Unmstrtctsd | Restrlcard | Total | Total | ||
|---|---|---|---|---|---|
| funds | funds | 2023 | 2022 | ||
| 8 | 8 | 8 | |||
| Hell and marquee hire |
15,042 | 10,000 | 25.042 | 800 | |
| Equipment hire |
9.720 | 4,155 | 13,875 | ||
| Books end CDs | 4,875 | 4.875 | |||
| TVwebcsst, advertising | and public relaSons | 4,400 | 5,291 | 9,691 | 7,236 |
| Saflwam snd dwrnlaad | fees | 981 | 237 | 1,198 | 1,241 |
| insurance | 3,155 | 3,155 | 2,639 | ||
| Sponsored travel expenses | Ie,see | 479 | 16,964 | ||
| Divine Touch temr tits end leaching materials |
836 | 835 | 252 | ||
| Retreat and oubng expenses | 45 | ||||
| Miscellaneous expenses |
67 | ||||
| Bank and Paypsl cllmrgss | 3,106 | 177 | 3,253 | 2,506 | |
| Grants paid (sss Nots 15) | 23.495 | 212,498 | 235,993 | 1,134,576 | |
| Foad and Catering | 60.239 | 10,464 | 70.703 | 9,953 | |
| Hall and stage decaraSon | 2rit43 | 809 | 3,252 | 162 | |
| Volunteer snd helper expenses | 998 | 12 | 1,010 | 3,513 | |
| Costume and props | 1,547 | 1,833 | 231 | ||
| Energy cost | 5,639 | 5,639 | 8,855 | ||
| Depreciation ofassets used for charilable acSvt8es |
32,525 | 27,113 | 59,838 | 65,551 | |
| Governance costs (sea Nolo 8) |
4.860 | 4,860 | 4,860 | ||
| Telephone | 821 | 821 | 623 | ||
| Sts6onery, postage and | freight | 1.627 | 714 | 2,341 | 986 |
| Cleaning and Gardening |
4,199 | 4,199 | 2,8SS | ||
| Rent and rates | 559 | 589 | 301 | ||
| Rspaim and consumable | equipment | 2.099 | 12.809 | 14,908 | 7,040 |
| Administration | 150 | ||||
| Hire ofEquipment | 3,839 | 90 | 3,929 | 2,977 | |
| Cost ofservices | 1,555 | I 685 | 500 | ||
| UK SRLC Projects | 1,439 | 20985 | 22,424 | 24,354 | |
| Manchester Sthapana | 3,915 | 3,915 | |||
| Yoga | 2,629 | 2,629 | |||
| Total | 191,056 | 328,343 | 519,399 | 1.270,264 |
| etnsg2622 At |
~ incoming |
~ Transfers Outgoing |
~ Transfers Outgoing |
At31I93I2023 | |
|---|---|---|---|---|---|
| Unnnrirhted funda |
6 | 6 | 6 | 6 | 6 |
| General funds Unresbfcted designated fund |
2,952,900 | 265,127 | (191,058) (1.020,116) 1,000,000 |
2A35,853 1,000,000 |
|
| Reshtcted funds | |||||
| Love and cars funds Devdravya Sadguru Prsma London spiritual centre Ssngh Velsalya and Atmarpit Vaiyavaah Bhak6 Group UK Dhrine Shop Sales Atmasiddhi Book Fund Anjanshalaka-Pratishlha |
72,733 193,122 2,553 14,563 'l,045 4,253 109,818 |
193,025 11,278 61,6$7 12,897 31,083 2200 211 |
(151,271) (10,299) (61,628) (54,478) (31,920) (2) (18,745) |
41;579 (19,059) |
114,487 194,101 2,562 (837) 14,563 1.045 6,451 72,225 |
| Ashanlka Mahatssv |
|||||
| (APAM) | |||||
| Tohl | $,353,391 | 577,458 | (519,399 | 3,411,450 | |
| rior r |
At 01I04t2021 |
Incoming Resources |
Outgoing | Trsnehm | At81I03I2022 |
| Unrestricted funds |
5 | 8 | 6 | 8 | 6 |
| General funds Rsshlchd funds |
3,000,864 | 75,570 | (65,405) | (56,129) | 2,952,900 |
| Love and care funds Oevrirevya Sadguru Frame Landon spirihari centre Sengh Vstsalya and Atmarpit Valyavach |
107,954 189,191 25,191 75,471 |
499,008 3,934 1,116 5,845 199,218 |
(554,724) (3) (23,764) (43,45$) (281,124) |
20,500 37,608 |
72,733 193,122 2.563 14,583 |
| Mahatma Gandhi Statue |
(21) | 5,215 | (5415) | 21 | |
| Bhskg Group UK Oivine Shop Sshs Aenasiddhl Book Fund Anhnshrriaka-Pra6shtha |
82 4,106 |
147 118,383 |
(8,685) | 1,045 4,253 109,818 |
|
| Ashlsniks Maholsav |
|||||
| (APAM) | 310,425 | (308,021) | |||
| Total | 3403818 | 1219837 | 1 0284 |
3353391 |
| Unrssbtcted | Restricted | Total | ||||
|---|---|---|---|---|---|---|
| funds | funds | 2022 | ||||
| 8 | 8 | 8 | ||||
| Jiiam(IJm88 | ||||||
| Donalicns | 44,981 | 1,131,119 | 1,178,100 | |||
| Investments | 10,224 | 10,224 | ||||
| Charitable activities |
20,385 | 1,648 | 22,013 | |||
| Grants | 11,500 | 11,500 | ||||
| Tobd income | 75,570 | 1.144,287 | 1,219,837 | |||
| EBSIIISBSifhpILr | ||||||
| Charitable actlviTies |
65,405 | 1,204.859 | 1,270,264 | |||
| Tobd msoumes | expended | 65,405 | 1,204,859 | 1,270,264 | ||
| Nst incomel(expendlluml | forthe year | 10,185 | (80,592) | (50,427) | ||
| Sroaa bunsfws | behsasn funds | (58,129) | 58,129 | |||
| Net movement | In tbnds | (47,984) | (2,463) | (50,427) | ||
| Fund balances at | 1April | 3.000,864 | 402,954 | 3,403,818 | ||
| Fund balances | at31March | 2,952,900 | 400,491 | 3,353,391 |
| Unrestricted | Restricted | Total | |
|---|---|---|---|
| Funds | Funds | 2022 | |
| 6 | 6 | ||
| Fixed assets | |||
| Tangible assets | 1,764,574 | L764,574 | |
| Investments | 1,006,899 | 233.336 | 1,240,235 |
| 2,771,473 | 233,336 | 3,004,809 | |
| Cunent assets | |||
| Debtors Cash at bank and in hand |
7,289 183,158 |
82,814 85,329 |
90,083 266~7 |
| 190,427 | 168,143 | 358,570 | |
| Creditors: amounts fsging due within | |||
| one year | (9,000) | (968) | (9,988) |
| Net current assets | 181,427 | 187,155 | 348,582 |
| Total assets less current liabillges | 2,952,900 | 400,491 | 3,353,391 |
| Income funds | |||
| Restricted funds | 400.491 | 400.481 | |
| Unleslllctad funds |
2.962,900 | 2,952,900 | |
| 2,952,900 | 400,491 | 3353&39t |