2022-01-31-accounts - Jeeyar Educational Trust UK

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Trustees’ Annual Report for the period

From 01-Feb-2021 To 31-Jan-2022

Charity name: Jeeyar Educational Trust UK

Charity registration number: 1139951

Objectives and Activities

	SORP reference
Summary of the purposes of the charity as set out in its governing document	Para 1.17	The objectives for which the charity was established are the relief of need for the public benefit in the UK and India in accordance with Hindu religious principles by promoting and protecting the physical and mental health of those affected by blindness or cancers, their families and carers in particular but not exclusively through the provision of financial assistance, support, education and practical advice.
Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts.	Para 1.17 and 1.19	Donating Food and essential supplies to help the needy and especially students who struggled during pandemic. Organising Hindu religious programmes for spiritual benefit and wellbeing of the society.
Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit	Para 1.18	We Trustees always abide by guidance and regulations of the charity commission framework with regards to all our activities. We feel proud to be continuing to serve the society and do the needful to the less privileged people.
Additional information (optional) You may choose to include further statements		where relevant about:
	SORP reference
Policy on grant making	Para 1.38
Policy on social investment including program related investment	Para 1.38

Para 1.38 Contribution made by volunteers Other

Achievements and Performance

	SORP reference
Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole.	Para 1.20	Feb/March 2021 We have distributed essential groceries to international students who couldn’t work due to covid restrictions that were in place. April 2021 Annual Sri Sita Rama Kalyanam conducted online audience to promote spiritual health among the attendees and to preserve culture and tradition. The event helped many to cope and improve their mental wellbeing due to distress caused by Covid pandemic. January 2022 Annual Sri Goda Kalyanam conducted with wider audience to promote spiritual health among the attendees and to preserve culture and tradition. Free Vegetarian meal was served for all the attendees. Provide a stage for performing arts at these events to encourage traditional Indian cultural art forms. Additionally, we conduct onlinePrajna classes whereby, we educate children with personality development. Students learn about ancient Indian heritage and culture. We teach Hindu customs and traditions which are significantly very important. We guide students with proper direction thus empowering the society they are living in. The focus is to have mutual benefit for the children and the society where everyone live with harmony and support each other.

Additional information (optional) You may choose to include further statements where relevant about:

	Achievements against objectives set	Para 1.41


Performance of fundraising activities against objectives set	Para 1.41
Investment performance against objectives	Para 1.41
Other

Financial Review

Financial Review
Review of the charity’s financial position at the end of the period	Para 1.21	We have continued to make progress this year with respect to our activities in helping the society at large here in UK and in India. We have achieved our goal in raising substantial donations for Charity causes.
Statement explaining the policy for holding reserves statingwhytheyare held	Para 1.22	We continue to hold a minimum £5000 amount in the bank for any unforeseen expenses that may arise during theyear.
Amount of reserves held	Para 1.22	£5000
Reasons for holding zero reserves	Para 1.22
Details of fund materially in deficit	Para 1.24
Explanation of any uncertainties about the charity continuing as a going concern	Para 1.23

Additional information (optional) You may choose to include further statements where relevant about:


The charity’s principal sources of funds (including any fundraising)	Para 1.47
Investment policy and objectives including any social investment policy adopted	Para 1.46
A description of the principal risks facing the charity	Para 1.46
Other

Structure, Governance and Management

Description of charity’s trusts:		See attached Trust Deed Dated 16/01/2011
Type of governing document (trust deed, royal charter)	Para 1.25	Trust deed
How is the charity constituted? (e.g unincorporated association, CIO)	Para 1.25
Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees	Para 1.25

Additional information (optional) You may choose to include further statements where relevant about:

Policies and procedures adopted for the induction and training of trustees	Para 1.51
The charity’s organisational structure and any wider network with which the charity works	Para 1.51
Relationship with any related parties	Para 1.51
Other

Reference and Administrative details

Charity name	Jeeyar Educational Trust UK
Other name the charity uses	JETUK
Registered charitynumber	1139951
Charity’s principal address	324 Field End Road, Ruislip, Middlesex, HA4 9PA

Names of the charity trustees who manage the charity

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20	Trustee name	Office (if any)	Dates acted if not for whole year	Name of person (or body) entitled to appoint trustee (ifany)
	HH Sri Tridandi Srimannarayana Chinna Jeeyar Swami	Founder and permanent trustee
	Mr Vishnuvardhan Reddy Venumuddala	President
	Mr Narasimha Ravula	Vice President
	Mr Praveen Kumar Sadasya	Treasurer
	Dr Anand Prathivadi B	Secretary
	Mr Ranjith Kumar Srirangam	Secretary
	Mr Kumar Mallela Vikram	Secretary
	Mr Hari Krishna Bharadwaj	Prajna Coordinator

– Corporate trustees names of the directors at the date the report was approved

Director name

Name of trustees holding title to property belonging to the charity

Trustee name Dates acted if not for whole year

Funds held as custodian trustees on behalf of others

Description of the assets held in this capacity

Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects

Details of arrangements for safe custody and segregation of such assets from the charity’s own assets

Additional information (optional)

Names and addresses of advisers (Optional information)

Type of Name Address adviser

Name of chief executive or names of senior staff members (Optional information)

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Other optional information

Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s) Full name(s) Position (eg Secretary, Chair, etc) Date
	Praveen Kumar Sadasya	Ranjith Kumar Srirangam
	Treasurer	Secretary
	11/11/2022
	11/11/2022

Jeeyar Educational Trust UK

Accounts

31 January 2022

Jeeyar Educational Trust UK Contents

	Page
Business information	1
Trustees Annual Report	2&3
Statement of Financial Activities	4
Balance sheet	5
Notes to the financial Statements	6&7

Jeeyar Educational Trust UK Business Information

President

Mr Vishnuvardhan Reddy Venumuddala

Vice Presidnet

Mr Narasimha Ravula

Trustees

HH Sri Tridandi Srimannarayana Chinna Jeeyar Swami Mr Praveen Kumar Sadasya Mr Vishnuvardhan Reddy Venumuddala Mr Ranjith Kumar Srirangam Mr Narasimha Ravula Dr Anand Prathivadi B Mr Kumar Mallela Vikram Mr. Harikrishna Bharadwaj

Secretaries

Dr Anand Prathivadi B Mr Ranjith Kumar Srirangam Mr Kumar Mallela Vikram

Treasurer

Mr Praveen Kumar Sadasya

Accountants

ACE Accounts and Tax Limited 2 Whittle Court Knowlhill Milton Keynes MK5 8FT

Bankers

HSBC Bank 127 High Street Hounslow Middlesex TW3 1QP

Business address

324 Fieldend Road Ruislip Middlesex HA4 9PA

Jeeyar Educational Trust UK

Trustees Annual Report

Year Ended 31 January 2022

The trustees present their report and the unaudited financial statements of the company for the year ended 31 January 2022.

Reference And Administrative Details:

Registered charity name Jeeyar Educational Trust UK Charity registration number 1139951 Principal office 324 Fieldend Road Ruislip Middlesex HA4 9PA

The trustees

The trustees who served the company during the period were as follows.

Structure, Governance And Management

Jeeyar Educational Trust UK was created by a trust deed dated 16 January 2011. It was accepted as a charity by the Charity Commission on 20 January 2011.

The Jeeyar Educational Trust is governed by the trust deed.

The day to day running of Jeeyar Educational Trust is performed by the Trustees. The Trustees are appointed according to the trust deed.

The board of trustees is made up of permanent and non permanent member. HHSri Tridandi Srimannarayana Ramanuja Chinna Jeeyar Swami or his nominee or successor is a permanent trustee.

New Trustees are required to undergo an induction programme including an introduction to the objectives, scope and policies of the Charity, Charity Commission information and trustee responsibilities.

Jeeyar Educational Trust UK

Trustees Annual Report ( continued )

Year Ended 31 January 2022

Objectives And Activities

The objectives for which the charity was established are the relief of need for the public benefit in the UK and India in accordance with Hindu religious principles by:

A. Promoting and protecting the physical and mental health of those affected by blindness or cancers, their families and carers in particular but not exclusively through the provision of financial assistance, support and particular advice

B. The preservation and protection of good health by the support of medical camps

C. Advancing education in particular but not exclusively by providing and assisting in the provision of facilities for improving literacy, conducting seminars, educational camps, workshops and study groups

D. The relief and assistance of people who are the victims of war or natural disaster, trouble or catastrophe in such ways as the trustees see fit

The Trustees when deciding on the Charity's activities for the year, are mindful of the Charity Commissions guidance on public benefit. The Charity is to support people and their families regardless of gender, faith or personal circumstances.

Achievements And Performance

The Trustees are pleased with the results for the year.

Financial Review

The Trustees have investment policies that they consider will best fulfil the charity's objectives.

The Trustees have no formal policy to maintain a level of reserves, however, they are conscious of their responsibilities and monitor the level of reserves to ensure the charity can meet its liabilities.

Plans For Future Periods

The Trustees plan to continue to promote the Charity and raise funds for its causes.

Accountants

ACE Accounts and Tax Limited were appointed as accountants for the year.

Mr Vishnuvardhan Reddy Venumuddala Trustee 13 October 2022

Jeeyar Educational Trust UK Statement of Financial Activities for the year ended 31 January 2022

Note Incoming Resources Incoming resources from generating funds: Voluntary income 3 Total Incoming Resources Resources Expended Expenditure on: Raising Funds 4 Charitable Activities 5 Governance Costs 6 Others 7 Total Resources Expended Interest income received Interest income 8 Net Incoming Resources For The Year Reconciliation of Funds Total funds brought forward Total Funds Carried Forward	Total Funds 2022 £ 37,286 37,286 3,231 2,028 2,093 1,801 9,153 3 3 28,136 45,145 73,281	Total Funds 2021 £ 14,475
		14,475
		1,741 7,344 2,550 3,785
		15,420
		5
		5

		(940)
		46,085
		45,145

The statements of Financial Activities includes all gains and losses in the year and therefore a statement of total recognised gains and losses has not been prepared.

All of the above amounts relate to continuing activities.

Jeeyar Educational Trust UK Balance Sheet as at 31 January 2022

Notes Fixed assets Tangible assets 2 Current assets Bank/building society balances Paypal account - GBP Paypal account - EURO Saving account Current liabilities Trade creditors Loans and overdrawn bank accounts Other liabilities and accruals Net current assets Total Assets less current liabilities Funds Total funds brought forward 9 Net Incoming Resources For The Year Total Funds	2022 £ - 21,596 28,231 - 25,013 74,839 (1,560) - - (1,560) 73,279 73,279 45,144 28,136 73,279 0.00	2022 £ - 21,596 28,231 - 25,013 74,839 (1,560) - - (1,560) 73,279 73,279 45,144 28,136 73,279 0.00	2021 £ - 12,266 8,467 - 25,010 45,744 (600) - - (600) 45,144 45,144 46,085 (940) 45,144 -	2021 £ - 12,266 8,467 - 25,010 45,744 (600) - - (600) 45,144 45,144 46,085 (940) 45,144 -

		73,279		45,144
		45,144 28,136		46,085 (940)
		73,279		45,144
		0.00		-

These financial statements were approved by the members of the committee and authorised for issue on the 13/10/2022 and are signed on their behalf by:

Mr Vishnuvardhan Reddy Venumuddala Board of Trustees

Jeeyar Educational Trust UK Notes to the Accounts for the year ended 31 January 2022

1 Accounting basis

The financial statements have been prepared under the historical cost convention and in accordance with applicable United Kingdom accounting standards and the requirements of the Statement of Recommended Practice 'Accounting and Reporting by Charities' issued in January 2015 (SORP FRS102).

The accounts have been prepared as receipts and payments accounts.

Depreciation

Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

FF & Equipment

20% straight line

2 Tangible fixed assets

Cost Additions At 31 January 2022 Depreciation Charge for the year At 31 January 2022 Net book value At 31 January 2022 At 31 January 2021 Voluntary Income Donations Donations Costs of Charitable Activities By Fund Type Events Expenses Advertisement & Promotion Expenses	FF & Equipment £ 220 220 220 - 220 - - 2022 £ 37,286 37,286 Total Funds 2022 £ 3,231 - 3,231	Total £ 220 -
		220
		220 -
		220
		-
		-
		2021 £ 14,475
		14,475
		Total Funds 2021 £ 1,719 22
		1,741

3 Voluntary Income

4 Costs of Charitable Activities By Fund Type

Jeeyar Educational Trust UK Notes to the Accounts

for the year ended 31 January 2022

5 Costs of Charitable Activities by Activity Type

Stationery & Printing Expenses Bank charges Charity Groceries Charitable donations 6 Governance Costs Unrestricted Funds £ Accountancy Fees 1,680 Legal charges 413 2,093 7 Other Costs Travelling Expenses Insurance Priest Honourarium & Fees paid for Priest Telephone Expenses Temple Sub-Lease Subscriptions Sundry expenses Depreciation 8 Interest income received Saving account interest 9 Undestricted Income Funds Balance at 01-Feb-21 £ General Funds 45,144 10 Analysis of Net Assets Between funds Unrestricted Income Funds Total Funds	Total Funds 2022 £ 817 423 - 788 2,028 Total Funds 2022 £ 720 413 1,133 Total Funds 2022 £ - 455 232 - 600 514 - - 1,801 3 3 Incoming resources £ 28,136 2022 Net Current Assets £ 73,279 73,279	Total Funds 2021 £ 3,443 345 1,280 2,276
		7,344
		Total Funds 2021 £ 1,050 1,500
		2,550
		Total Funds 2021 £ 727 411 645 - 1,600 164 195 44
		3,785
		5
		5
		Balance at 31-Jan-22 £ 73,280
		2021 Total £ 45,144
		45,144

CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Sectlon A Independent Examlnefs Report Report to the trusteesl members of JEEYAR EDUCATIONAL TRUST UK 31. January 2022 On accounts for the year ended Charity no (if any) 1139951 Set out on pages I report to the trustees on my examination of the accounts of the above charity ("the Trust") for the year ended Responsibilities and As the charity Iruslees of the Trust, you are responsible for the preparation basis of report of the accounts in accordan with the requirements of the Charities Act 2011 I'lhe 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(5llb) of the Act. I have completed my examination. I confirm that no material matters have come lo 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 Independent examiner's statement I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order lo enable a proper understanding of the accounts to be reached. Please delete the words in Ihe brackets if Ihey do not apply. Signed.. Date". 2111112022 Name: Akshay Shah Relevant professional qualification(s) or body (if any).. Association of Chartered Certified Accountants ACCA Registration.. 0045695 Address: Ace Accounts & Tax Limited 2 Whittle Court Knowlhill Milton Keynes Mk5 8FT IER October 2018

Section B Disclosure Only complete if the examiner needs to highlight matters of COrM (see CC32. Independent examination of charity accounts.. directions and guidance for examiners). NIA Glve here brfef detalls of any Itoms that the examlner wlshes to d18cIose. IER October 2018