YARL VISION
FINANCIAL STATEMENTS 31 OCTOBER 2024
Charity Number 1143923
ACCOUNTING & ALLIED SERVICES LTD Accountants & Tax Consultants 118 St Margarets Road Twickenham Middlesex TW1 2AA
YARL VISION
FINANCIAL STATEMENTS
YEAR ENDED 31 OCTOBER 2024
CONTENTS _ PAGE
Trustees Annual Report
1
Statement of Financial Activities
4
Balance sheet
5
Notes to the financial statements
6
The following pages do not form part of the financial statements Detailed statement of financial activities
9
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YARL VISION
TRUSTEES ANNUAL REPORT
YEAR ENDED 31 OCTOBER 2024
The trustees have pleasure in presenting their report and the unaudited financial statements of the charity for the year ended 31 October 2024.
REFERENCE AND ADMINISTRATIVE DETAILS
| Registered charityname | YARLVISION |
|---|---|
| Charity registration number | 1143923 |
| Principal office | 65BISHOPSRISE |
| HATFIELD | |
| HERTS | |
| ENGLAND | |
| AL109BY |
THE TRUSTEES
The trustees who served the company during the period were as follows:
Accountants
MR K SUCINDRAN MRS A SUCINDRAN MRS C NIRMALANANDAN MISS Y SUCINDRAN Accounting & Allied Services Ltd Accountants & Tax Consultants 118 St Margarets road Twickenham Middlesex TW1 2AA
STRUCTURE, GOVERNANCE AND MANAGEMENT
Yarl Vision's Board of trustees shall consist of not less than five members and not more than nine members being: a) The honorary officers specified in the preceding clause consisting of . the Life Trustees and Elected trustees.
b) Not less than three members elected once in four years at the annual general meeting who shall hold office as Trustees for a period of four years from the conclusion of that meeting.
c) The board of trustees shall hold at least two ordinary meetings each year. A special meeting may be called at any time by the Chairman or any three members of the Board of trustees.
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YARL VISION
TRUSTEES ANNUAL REPORT (continued)
YEAR ENDED 31 OCTOBER 2024
OBJECTIVES AND ACTIVITIES
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The relief of need among visually impaired people and people who suffered as a result of war and natural disaster worldwide.
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Such purposes for the benefit of the public and are exclusively charitable according to the laws of England and Wales as the Executive Committee may from time to time determine.
Yarl vision is also committed to spend on disadvantaged children and pupils from the local schools at kokuvil Sri Lanka
1)Rs.20,000,00/= per year towards uniforms/cloths for disadvantage students selected by local schools principals.
2)Rs.130,000,00/= per year towards Food expenses for All students from Krishna Araneri School and Anpaham Spiritual Center,Kasiviswanather temple.
3)Rs20,000,00/= per year towards teachers’ pay for Krishna Araneri School (value based school).
4)Rs.95,000,00/—Yarl Vision supported and created agriculture farm to Yarl vision Sri Lanka & Yarl vision Hindu Mantram for use adults students.
5)Rs.600,000,00/ -fully operating expenses-" Anpaham"Spiritual Canter senior citizen adults community centre.
6) Rs.60,000,00/= -Supported to set and intiate Fine Art Centre -Yarl Fine Center,to promote fine art degree level education to under privilege students. Free of charge until they finish up to degree level.
7)Rs 176,000,00/=Sheree Kasiviswanathar Temple for Students
ACHIEVEMENTS AND PERFORMANCE
1) Open extra classes’ tuition centre under name of success institute, to extra education support to under privilege children.
2) Yarl Vision -Farm products started to use for own purpose.
3) Yoga-Special classes for adults & children.
4)Fully organised-Anpaham senior citizen adults community centre.
FINANCIAL REVIEW
PLANS FOR FUTURE PERIODS
RESPONSIBILITIES OF THE TRUSTEES
The charity's trustees are responsible for preparing the Trustees Annual Report and the financial statements in accordance with applicable law and regulations.
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YARL VISION
TRUSTEES ANNUAL REPORT (continuea) YEAR ENDED 31 OCTOBER 2024
The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year. Under that law the trustees have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charity and the income and expenditure of the charity for that period.
In preparing these financial statements, the trustees are required to:
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select suitable accounting policies and then apply them consistently;
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observe the methods and principles in the Charities SORP;
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make judgements and accounting estimates that are reasonable and prudent,
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state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charity’s transactions and disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the the Charities Act 1993 and the Charity (Accounts and Reports) Regulations 2008. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
ACCOUNTANTS Accounting & Allied Services Ltd have been re-appointed as accountants for the ensuing year.
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Signed on behalf of the trustees
65 BISHOPS RISE
HATFIELD
HERTSAL10 9BY es bo. q °
MR K SUCINDRAN MRS A SUCINDRAN
CHAIRMAN SECRETARY
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YARL VISION
STATEMENT OF FINANCIAL ACTIVITIES
YEAR ENDED 31 OCTOBER 2024
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|---|---|---|---|---|
|Total|Funds|Total|Funds|
|2024|2023|
|Note|£|£|
|INCOMING|RESOURCES|
|Incoming|resources from|generating|funds:|
|Voluntary income|2|123,281|180,263|
|TOTAL INCOMING RESOURCES|123,281|180,263|
|RESOURCES EXPENDED|
|Charitable|activities|3/4|(125,235)|(178,596)|
|Governance|costs|5|(000)|(000)|
|TOTAL RESOURCES EXPENDED|(125,235)|=|(178,596)|
|NET INCOMING/((OUTGOING) RESOURCES FOR THE YEAR|(1,954)|1,667|
|RECONCILIATION|OF FUNDS|
|Total|funds|brought forward|-|-|
|TOTAL FUNDS CARRIED FORWARD|(1,954)|1,667|
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The Statement 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.
The notes on pages6 to 7 form part of these financial statements.
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YARL VISION
BALANCE SHEET
31 OCTOBER 2024
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|---|---|---|---|---|---|
|2024|2023|
|Note|£|£|
|CURRENT ASSETS|
|Cash|at bank|121|2,075|
|NET CURRENT ASSETS|121|2,075|
|TOTAL ASSETS LESS CURRENT LIABILITIES|121|2,075|
|FUNDS|
|Unrestricted|income|funds|7|121|2,075|
|TOTAL FUNDS|121|2,075|
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These financial statements were approved by the members of the committee on the .............0-00+. and 'e signed on their behalf by:
MR K SUCINDRAN MRS A SUCINDRAN
The notes on pages6 to 7 form part of these financial statements.
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YARL VISION
NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 OCTOBER 2024
1. ACCOUNTING POLICIES
Basis of accounting
The financial statements have been prepared under the historical cost convention and in accordance with applicable United Kingdom accounting standards, the Statement of Recommended Practice "Accounting and Reporting by Charities" issued in March 2005 (SORP 2005) and the Charities Act 1993.
Fixed assets
All fixed assets are initially recorded at cost.
- VOLUNTARY INCOME
.
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|---|---|---|---|---|
|Unrestricted|Total|Funds|Total Funds|
|Funds|2024|2023|
|£|£|£|
|Donations|
|General Donations|92,900|92,900|153,217|
|Gifts|
|Gifts aid|30,382|30,382|27,046|
|123,282|123,282|180,263|
|3.|COSTS|OF CHARITABLE|ACTIVITIES BY FUND TYPE|
|Unrestricted|Total|Funds|Total Funds|
|Funds|2024|2023|
|£|£|£|
|Charitable|activity|123,282|123,282|180,263|
|4.|COSTS OF CHARITABLE|ACTIVITIES BY ACTIVITY TYPE|
|Activities|
|undertaken|Total Funds|Total Funds|
|directly|2024|2023|
|£|£|£|
|Charitable|activity|123,282|123,282|180,263|
|5.|GOVERNANCE COSTS|
|Unrestricted|Total Funds|Total Funds|
|Funds|2024|2023|
|£|£|£|
|6.|STAFF COSTS AND EMOLUMENTS|
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No salaries or wages have been paid to employees, including the members of the committee, during the year.
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YARL VISION
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 OCTOBER 2024
7. UNRESTRICTED INCOME FUNDS
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|---|---|---|---|
|Incoming|Balance at|
|resources|31|October 2024|
|£|:|£|
|General Funds|(1,954)|01,954|
|8.|ANALYSIS OF NET ASSETS BETWEEN FUNDS|
|Net|current|
|assets|Total|
|£|£|
|Unrestricted|Income Funds|(1,954)|(1,954)|
|Total Funds|(1,954)|(1,954)|
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YARL VISION
MANAGEMENT INFORMATION YEAR ENDED 31 OCTOBER 2024
The following pages do not form part of the statutory financial statements.
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YARL VISION
DETAILED STATEMENT OF FINANCIAL ACTIVITIES
YEAR ENDED 31 OCTOBER 2024
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|---|---|---|---|
|2024|2023|
|£|£|£|
|INCOMING RESOURCES|
|VOLUNTARY INCOME|
|General Donations|92,900|153,217|
|Gifts|aid|30,382|27,046|
|123,282|180,263|
|TOTAL INCOMING RESOURCES|123,283|180,263|
|,|RESOURCES EXPENDED|
|CHARITABLE ACTIVITIES|
|Anpaham|Spiritual Center|18,000|36,000|
|Yarlvision|Hindu Organization|19,000|31,520|
|Krishna Araneri|School|24,000|31,067|
|Yarl vision Art Centre|16,000|48251|
|Shree Kasiviswanathar|Temple|46,525|
|Donation Local|500|
|Bank Charges|82|
|Stationary|1,128|18|
|125,235|146,856|
|GOVERNANCE COSTS|
|Accountancy|fees|0.00|
|TOTAL RESOURCES EXPENDED|178,596|146,856|
|1|—|—__|
|NET INCOMING/(OUTGOING) RESOURCES|
|FOR THE YEAR|(1,954)|1,667|
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YARL VISION
DETAILED STATEMENT OF FINANCIAL ACTIVITIES YEAR ENDED 31 OCTOBER 2024
.
| 2024 | 2023 | |
|---|---|---|
| £ | £ | |
| CHARITABLEACTIVITIES | ||
| Charitable activity | ||
| Activities undertaken directly | ||
| Anpaham SpiritualCenter | 18,000 | 36,000 |
| YarlvisionHinduOrganization | 19,000 | 31520 |
| KrishnaAraneri School | 24,000 | 31067 |
| Yarl visionArtCentre | 16,000 | 48251 |
| ShreeKasiviswanatharTemple | 46,525 | |
| Donation Local | 500 | |
| Bankcharges | 82 | |
| Stationary | 1,128 | 18 |
| 125,235 | 146,856 |
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