OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2023-05-31-accounts

UK TELUGU ASSOCIATION

(Registered number 07256151)

Financial statements For the Period 01/06/2022 - 31/05/2023

Page Contents

Prepared By

Oasis Accountants Limited Building 3, Chiswick Park 566 Chiswick High Road London W4 5YA

1

Registered charity number 1139519

Main address

C/O Oasis Accountants Limited, Building 3, Chiswick Park 566 Chiswick High Road, London -W4 5YA

Trustees:

  1. DR. VENKATA PADMA KILLY

  2. DR. ANITA RAO COPPISETTY 3. SMT. GEETHA MORLA

  3. MR. RAJASHEKAR KURBA

  4. MR. AMARNATH REDDY CHINTAPALLI 6. MR. ADITYAVARDHAN ALLADI

Bankers

BARCLAYAS BANK, 197, SHENLEY ROAD, BOREHAMWOOD, WD6 1AR, HERTFORDSHIRE Account Details:

UK TELUGU ASSOCIATION LIMITED

Account Holder Name: DR. VENKATA PADMA KILLY

Account Number: 33411206 Sort code: 20-74-09 Branch: BOREHAMWOOD

Governance and management

UK TELUGU ASSOCIATION is governed and managed by its constitution and objects to the benefit of public and not exclusively the Indian community in the United Kingdom. The Trustees manage the governance arrangement of the charity through Core committee. The following Trustees contributed their time and efforts to the promotion of the charitable objects of the charity are listed as follows.

  1. DR. VENKATA PADMA KILLY

  2. DR. ANITA RAO COPPISETTY

  3. SMT. GEETHA MORLA

  4. MR. RAJASHEKAR KURBA

  5. MR. AMARNATH REDDY CHINTAPALLI

  6. MR. ADITYAVARDHAN ALLADI

2

Aims and objectives.

UK TELUGU ASSOCIATION (UKTA) promotes the following aims and objectives in United Kingdom.

UK Telugu Association (UKTA) is a Trade Mark registered non-profit charitable organization that encourages women empowerment, youth, students, culture festivals, etc., of Asian Community in the UK / Europe to actively participate in the progress of the community that defines their identity.

Summary of the main events:

The Trustees happy to announce UKTA at after critical period of Pandemic 19 had several programs live as listed below for kind information. 

  - (I). On 25/03/2023 – UKTA Celebrated  Ugadi Celebrations – Telugu New Year Day. The function was started with Panchanga Shravanam, Ugadi greetings message from Hon’ble Prime Minister of Britain followed by children skirts, adult fashion shows, presented children talented awards, felicitated adult community services awards followed by dinner and dhandya dances.

  - (II). On 14/01/2023 – UKTA celebrated Sankranthi Celebrations – we can call it as Harvest Festival. Like every year conducted Muggula Coemptions, Children fancy dress, for children Bogi Pallu veduka, Kolatams and served nice Indian Telugu food.

  - (III). UKTA  conducted 1[st] ever 11 TTD Srinivasa Kalyanams in association with APNRT and other local organisations in respective locations on respective dates as follows :   On 15/10/2022 at Basingstoke, on 16/10/2022 at Manchester, on 22/10/2022 at Dublin, Ireland, on 23/10/2022 at Belfast, Northern Ireland, on 29/10/2022 at Zurich, Switzerland, on 30/10/2022 at Eindhoven, Netherlands, on 03/11/2022  at Munich, Germany, on 05/11/2022  at Frankfurt, Germany, on 06/11/2022 at Paris, France, on 12/11/2022 at London and on 13/11/2022  at Edinburgh.

The charity’s policy on reserves

UKTA endeavors to keep adequate reserves to continue its charitable objectives.

Signed on behalf of the UKTA:

Dr. Venkata Padma Killy Signed Date 23/02/2024

4

Receipts & payments account for the Period of 01/06/2022 to 31/05/2023

£
RECEIPTS
Donations & Membership Fee £99,200.76
Total Receipts £99,200.76
PAYMENTS
Legal Charges £ 50.00
Food & Subsistence £ 3,107.64
Event Organizing Expenses £ 71,918.48
General Travel Expenses £ 4,523.00
Bank Charges £ 15.00
Total Payments £ 82,128.13
Net Receipts / (Payments) £ 17,072.63
Bank and Cash as at 31 May 2023 £22,934.90
Bank and Cash as at 31 May 2022 £5,862 .27

5

Statement of assets and liabilities as at 31 May 2023 Statement of assets and liabilities as at 31 May 2023
Cash assets: £
Current account & GWR Account 22,934.90
Total cash assets £22,934.90
Other assets: £0
There are no other assets to be noted for year ended 31 May 2023

Liabilities:

There are no other liabilities to be noted for the year ended 31 May 2023.

These financial statements are accepted on behalf of the UKTA by:

Dr. Venkata Padma Killy Signed Date 23/02/2024

6

Notes to the accounts

For the year ended Date 31 May 2023

1. Receipts & payments accounts

Receipts and payments accounts are statements that summarize the movement of cash into and out of the organization during the financial year. In this context “cash” includes cash equivalents, for example, bank accounts where cash can be readily withdrawn to pay for debts as they become due.

2. Grants & Donations

All grants and Donations are from individual donors and are fully disclosed in the accounts.

3. Charity members’ remuneration

During the year, no remuneration was paid to Charity members.

4. Related party transactions

During the year, no related party transactions occurred to be reported by Committee members and Trustees.

Certified by Oasis Accountants Limited Building 3, Chiswick Park 566 Chiswick High Road London, W4 5YA

7