2023-01-31-accounts - Jeeyar Educational Trust UK

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Trustees’ Annual Report for the period

From 01-Feb-2022 To 31-Jan-2023

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 to cope with cost of living crisis. 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 Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment

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	April/May 2022 Annual Sri Sita Rama Kalyanam conducted at 5 places 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. Free vegetarian food distributed to all attendees. Also provide a stage for performing arts at these events to encourage traditional Indian cultural art forms. Sep/Oct/Nov 2022 Sri Srinivasa Kalyanam conducted at 4 places 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. Free vegetarian food distributed to all attendees. October 2022 Frist Prajna Alumni was conducted to reward all students with certificates and awards to honour their achievements. Some fun activities involving parents were organised to lighten the atmosphere. The hardworking children were applauded and given much needed all-round boost for their efforts. January 2023 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 online Prajna 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 stating why they are held	Para 1.22	We continue to hold a minimum £5000 amount in the bank for any unforeseen expenses that may arise during the year.
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 Para 1.51 and training of trustees The charity’s organisational structure and any wider Para 1.51 network with which the charity works Relationship with any related Para 1.51 parties Other

Reference and Administrative details

Charity name	Jeeyar Educational Trust UK
Other name the charity uses	JETUK
Registered charity number	1139951
Charity’s principal address	New Road Tunstall Norwich NR13 3QE

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) Ranjith Kumar Srirangam Full name(s) Praveen Kumar Sadasya Position (eg Secretary, Treasurer Secretary Chair, etc) Date 06/11/2023

Jeeyar Educational Trust UK

Accounts

31 January 2023

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

New Road Tunstall Norwich NR13 3QE

Jeeyar Educational Trust UK

Trustees Annual Report

Year Ended 31 January 2023

The trustees present their report and the unaudited financial statements of the company for the year ended 31 January 2023.

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 2023

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

11 October 2023

Jeeyar Educational Trust UK Statement of Financial Activities

for the year ended 31 January 2023

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 2023 £ 63,576 63,576 8,716 50,130 1,903 21,753 82,503 68 68 (18,858) 73,281 54,423	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

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 2023

Notes Fixed assets Tangible assets 2 Current assets Bank/building society balances Paypal account - GBP Paypal account - EURO Paypal account - USD Saving account Current liabilities Trade creditors Loans and overdrawn bank accounts PAYE Liability Pension Liability 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	2023 2022 £ £ - - 18,379 21,596 13,150 28,231 - - - - 25,081 25,013 56,610 74,839 (2,080) (1,560) - - (109) - - - - - (2,189) (1,560) 54,421 73,279 54,421 73,279 73,279 45,145 (18,858) 28,136 54,421 73,279	2023 2022 £ £ - - 18,379 21,596 13,150 28,231 - - - - 25,081 25,013 56,610 74,839 (2,080) (1,560) - - (109) - - - - - (2,189) (1,560) 54,421 73,279 54,421 73,279 73,279 45,145 (18,858) 28,136 54,421 73,279

		73,279
		45,145 28,136
		73,279

These financial statements were approved by the members of the committee and authorised for issue on the 11/10/2022 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 2023

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 2023 Depreciation Charge for the year At 31 January 2023 Net book value At 31 January 2023 At 31 January 2022 Voluntary Income Donations Donations Costs of Charitable Activities By Fund Type Events Expenses Advertisement & Promotion Expenses	FF & Equipment £ 220 220 220 - 220 - - 2023 £ 63,576 63,576 Total Funds 2023 £ 8,716 - 8,716	Total £ 220 -
		220
		220 -
		220
		-
		-
		2022 £ 37,286
		37,286
		Total Funds 2022 £ 3,231 -
		3,231

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 2023

5 Costs of Charitable Activities by Activity Type

5 Costs of Charitable Activities by Activity Type
Stationery & Printing Expenses Bank charges Charity Groceries Charitable donations 6 Governance Costs Unrestricted Funds £ Accountancy Fees 1,903 Legal charges 1,903 7 Other Costs Travelling Expenses Insurance Priest Honourarium & Fees paid for Priest Telephone Expenses Temple Sub-Lease Subscriptions Sundry expenses Wages and salaries Depreciation 8 Interest income received Saving account interest 9 Undestricted Income Funds Balance at 01-Feb-22 £ General Funds 73,279 10 Analysis of Net Assets Between funds Unrestricted Income Funds Total Funds	Total Funds 2023 £ 483 1,070 - 48,577 50,130 Total Funds 2023 £ 1,903 1,903 Total Funds 2023 £ 3,247 455 850 - 2,150 144 - 14,907 - 21,753 68 68 Incoming resources £ (18,858) 2023 Net Current Assets £ 54,421 54,421	Total Funds 2022 £ 817 423 - 788
		2,028
		Total Funds 2022 £ 1,680 413
		2,093
		Total Funds 2022 £ - 455 232 - 600 514 - - -
		1,801
		3
		3
		Balance at 31-Jan-23 £ 54,421
		2022 Total £ 73,279
		73,279

CHARITY COMMISSION FOR ENGLAND AND WALES Independent examinerfs report on the accounts Section A Independent Examiner's Report Report to the trusteesl members of JEEYAR EDUCATIONAL TRUST UK On accounts for thè year onded 31* JUary 2023 Charlty no (If any) 11399SI Set out on pages l pOrt to the truths M my examination of the accounts ofthe abova charity (Ihe T for the year ended R88ponslblllll8s and As the charity trustee5 of the Trust, you are resSIble lor preparation ba818 ol report of the accounts in accordance wth the requirwnents of the CharStle3 Act 2011 fthe Acn. I report In respect of my examlnallon of the Tru8 accounts Carrled out under seth)n 145 of the 2011 Act and in carrylng out my examination, I have followed the applicable Thre¢tlons gi¥ by the Charity Commission under secllon 145151(b) of the Art I have completed my examlnatlon. I confirni that no materfal matter8 have come to my attention (other than that disdosed belthy") In connectlon wlth the examlnaljon whlch gIv68 m6 cause to beli8ve that In. any materlal Indepndent examlnorfs $tatom•nt account1 records were not kept in accordance wlth secilon 130 of theAct( I have no concems and have come auoss no other matters in connection vth the examination to whth attention should be drawn In order to enable prOr undwstandir#J of the accounts to be reached. . Please (bbte wN(ts in the brackets rfthey not apply. Slgned: Date: 0711112023 Name: Akshay Shah Relevant profe8•lonal quallflcatlon(8) or body Ilf any): Association of Chartered Certified Accountants Address: Ace Accounts & Tax Limitad 2 Vthittle Court Kn(MShill Milton Keynes Mk5 8Fr IER October 2018

Section B Disclosure Onty complete rf the examiner needs to highlight matters of ¢onwn {w CC31 Independent examination of charity accounts: directions and guidance for examiners). Glve here brfef detalls of any Items that the examlnarwlshes to dlsclose. WA IER Octsber 2018