2023-10-31-accounts - GB Srs Brundavan

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Trustees' Annual Report for the period

	Period start date	Period start date			Period end date	Period end date
	01	11	2022		31	10	2023
From				To

Section A Reference and administration details

Charity name Other names charity is known by Registered charity number (if any) 1150660 Charity's principal address Unit 2, Sivers House, White Hart Road

GB SRS BRUNDAVAN

Madhwa Parishat UK

Slough, Berks Postcode SL1 2SF

Names of the charity trustees who manage the charity

Trustee name	Office (if any)	Dates acted if not for whole year	Name of person (or body) entitled to appoint trustee(if any)
Mr. Badri Gargeshnari	President		Board of Directors
Mr. Prahlad Purohit	Secretary		Board of Directors
Mr. Gubbi Srihari	Director – Operations		Board of Directors

















Names of the trustees for the charity, if any, (for example, any custodian trustees)
Name		Dates acted if not for whole year

GB-SRSB

2022-2023 TAR

Names and addresses of advisers (Optional information) Type of adviser Name Address Name of chief executive or names of senior staff members (Optional information) Section B Structure, governance and management Description of the charity’s trusts Articles of association dated 25/10/2012. Registration number: 08268718 Type of governing document (eg. trust deed, constitution) Private Company Limited By Guarantee How the charity is constituted (eg. trust, association, company) Appointed when charity was registered and constituted Trustee selection methods (eg. appointed by, elected by)

Additional governance issues (Optional information)

The Group is managed by the Group of Directors (or trustees) of the GBYou may choose to include SRSB which is a charity. As charity trustees they are responsible for additional information, where complying with legislation applicable to charities. This includes the relevant, about: registration, keeping proper accounts and making returns to the Charity • Commission as appropriate. policies and procedures adopted for the induction and training of trustees;

the charity’s organisational structure and any wider network with which the charity works;
relationship with any related parties;
trustees’ consideration of major risks and the system and procedures to manage them.

Section C Objectives and activities

GB-SRSB

2022-2023 TAR

Summary of the objects of the charity set out in its governing document

The aim of the organisation is to: a. To construct and equip a religious premises - a Temple. The Temple will serve as a traditional house of worship, learning and religious gathering. It will also be used as an avenue for nurturing the community needs and fostering Hindu culture.
b. To provide a place for retreat “(Ashram)”, assembly halls and meeting rooms for theological, cultural and scholastic discussions
c. To build a library to aid the learning of the members and supporters
d. To build a fully equipped kitchen which will serve the needs of activities carried out inside as well as outside the premises
e. To carry out Hindu religious festivals and activities which will be open to all members of the wider community who support the organisation.
f. To carry out charitable work of every nature and kind on a personal, national and international level.
g. To solicit and accept donations, gifts, bequests and legacies for use in promoting the objectives of the organisation
h. To provide convenience and facilities in the said premises to be used by the community either gratuitously or upon such terms as may from time to time be agreed upon and generally to do whatever may seem best calculated to promote the interest of the said premises.

GB-SRSB

2022-2023 TAR

Prayer Group

The group has been conducting weekly audio Shri Raghavendra Stotra Parayana at 7.30PM every Thursday on Skype. This has allowed people from various parts of the country to collectively offer prayer every Thursday. This has helped build a virtual community over a period of time using the latest technology.

Philosophy

Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)

GB SRS Brundavan invites eminent speakers to our events and share their thoughts / views on religious topics and their relevance to the present world. We have distributed free books on philosophy to the participants in our events.

Culture & Performing Art

Music and dance acts as an avenue to offer prayers to the God. In our events we provide opportunities to members of all age groups to participate in this form of prayer.

Religious articles shop

In most of our events we set up a shop to make pooja materials easily available at reasonable price to all our devotees. We also sell books on various philosophical topics in different languages for the benefit of our devotees. Sacred basil is also on sale at times with guides on how to take care of it in the home settings.

Matrimony

A free matrimonial service has been launched this year with a dedicated member coordinating the contacts between interested individuals and families. In our events, we set up a Matrimonial desk where interested individuals or their family members speak to the dedicated coordinator and avail of this service.

Additional details of objectives and activities (Optional information)

You may choose to include further statements, where relevant, about:

policy on grantmaking;
policy programme related investment;
contribution made by volunteers.

GB-SRSB

2022-2023 TAR

Section D Achievements and performance

GB-SRSB

2022-2023 TAR

Section D Achievements and performance

Summary of the main achievements of the charity during the year

For the benefit of members, GB-SRSB has organised following events:

Madhwa Navami
Shri Raghavendra Swami Aradhane
Mahalaya Paksha
Samoohika Sathyanarayana Pooje
Upakarma

GB-SRSB

2022-2023 TAR

Section E Financial review

Following are the financial details from 2022-23 year ending financial Brief statement of the DRAFT statement: charity’s policy on reserves Income earned from Charitable activities: £ 383,611 Expenditures on Charitable activities: £ 94,044 Interest receivable:126 Surplus: £289,693

Details of any funds materially

in deficit

Further financial review details (Optional information)

You may choose to include additional information, where relevant about:

Financial statement submitted to HMRC is attached.

the charity’s principal sources of funds (including any fundraising);
how expenditure has supported the key objectives of the charity;
investment policy and objectives including any ethical investment policy adopted.

Section F Other optional information

Section G Declaration

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

Signed on behalf of the charity’s trustees

Signature(s) Full name(s) Gubbi Srihari

GB-SRSB

2022-2023 TAR

Position (eg Secretary, Chair, Director etc) Date 12/07/2025

GB-SRSB

2022-2023 TAR

Registered number 08268718

GB SRS BRUNDAVAN

Report and Accounts

31 October 2023

GB SRS BRUNDAVAN Registered number: 08268718 Directors' Report

The directors present their report and accounts for the year ended 31 October 2023.

Principal activities

The company's principal activity during the year was that of charitable activities

Directors

The following persons served as directors during the year:

Gargeshnari Raghunatharao Badrinath Ragavendiran Govinda Rao(resigned on 14.09.2024) Prahllada Purohit Gubbi Nagaraj Srihari Vidyasagar Jyoshi (resigned on 14.09.2024)

Small company provisions

This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.

This report was approved by the board on 21 July 2025 and signed on its behalf.

Prahllada Purohit Gubbi Nagaraj Srihari Directors

GB SRS BRUNDAVAN STATEMENT OF FINANCIAL ACTIVITIES for the year ended 31 October 2023

Income and endowments from Donations and legacies Charitable activities Fees from services Income from Fundraising Events Interest Income Direct Costs Gross profit Administrative expenses Operating profit/(loss) Profit/(loss) on ordinary activities before taxation Tax on profit/(loss) on ordinary activities Profit/(loss) for the financial year	2023 £ 331,301 52,310 - 126 (15,729) 368,008 (78,315) 289,693 289,693 - 289,693	2022 £ 58,495 - 21 - 58,516 (68,639) (10,123) (10,123) - (10,123)

GB SRS BRUNDAVAN Registered number: 08268718 Balance Sheet as at 31 October 2023

Notes Fixed assets Tangible assets 3 Current assets Debtors 4 Cash at bank and in hand Creditors: amounts falling due within one year 5 Net current assets Net assets Funds Profit and loss account Total Funds	2023 £ 936 16,849 328,672 345,521 (410) 345,111 346,047 346,047 346,047	2022 £ 936 7,000 50,520 57,520 (2,102) 55,418 56,354 56,354 56,354

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.

The members have not required the company to obtain an audit in accordance with section 476 of the Act.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.

Prahllada Purohit Gubbi Nagaraj Srihari Directors Approved by the board on 21 July 2025

GB SRS BRUNDAVAN Statement of Changes in Funds for the year ended 31 October 2023

At 1 November 2021 Loss for the financial year At 31 October 2022 At 1 November 2022 Profit for the financial year At 31 October 2023	Profit and loss account £ 62,183 (5,829) 56,354 56,354 289,693 346,047	Total £ 62,183 (5,829) 56,354 56,354 289,693 346,047

GB SRS BRUNDAVAN Notes to the Accounts for the year ended 31 October 2023

1 Accounting policies

Basis of preparation

The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Tangible fixed assets

Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

Freehold buildings over 50 years Leasehold land and buildings over the lease term Plant and machinery over 5 years Fixtures, fittings, tools and equipment At Cost

Debtors

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Creditors

Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

Taxation

A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

GB SRS BRUNDAVAN Notes to the Accounts for the year ended 31 October 2023

Provisions

Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

Pensions

Contributions to defined contribution plans are expensed in the period to which they relate.

2 Employees Average number of persons employed by the company 3 Tangible fixed assets Land and buildings £ Cost At 1 November 2022 - Additions At 31 October 2023 - Depreciation At 1 November 2022 - Charge for the year - At 31 October 2023 - Net book value At 31 October 2023 - At 31 October 2022 -	2023 Number 1 Plant and machinery etc £ 1,685 - 1,685 846 (97) 749 936 839	2022 Number 1 Total £ 1,685 - 1,685 846 (97) 749 936 839

The Charity acquried the free hold proreprty in January 2024.

4 Debtors Other debtors (rent deposits) 5 Creditors: amounts falling due within one year Other taxes and social security costs Other creditors	2023 £ 16,848 2023 £ 410 - 410	2022 £ 7,000 2022 £ 82 2,020 2,102

6 Other information

GB SRS BRUNDAVAN is a private company limited by shares and incorporated in England. Its registered office is: 2 White Hart Road Slough SL1 25F

GB SRS BRUNDAVAN

Detailed profit and loss account for the year ended 31 October 2023

This schedule does not form part of the statutory accounts

Sales Cost of sales Gross profit Administrative expenses Other operating income Operating profit/(loss) Profit/(loss) before tax	2023 £ 383,611 (15,729) 367,882 (78,315) 126 289,693 289,693	2022 £ 58,495 - 58,495 (68,639) 21 (10,123) (10,123)

GB SRS BRUNDAVAN

Detailed profit and loss account for the year ended 31 October 2023

This schedule does not form part of the statutory accounts

Administrative expenses Wages and salaries Pensions Travel and subsistence Rent Rates Light and heat Operating expenses Telephone and fax Postage Event expenses Hall Hire Subscriptions Bank charges Insurance Software Repairs and maintenance Dep Expenses Other legal and professional	2023 £ 26,561 - 4,814 13,354 457 2,130 4,961 1,006 3 600 2,001 152 114 735 122 6,372 98 14,835 78,315	2022 £ 16,734 221 446 19,084 - 3,763 16,769 994 117 753 5,861 3,897 68,639

Statement of Cash Flows

GB SRS Brundavan For the year ended 31 October 2023

----- Start of picture text -----
Account 2023
Operating Activities
Receipts from customers 384,271.01
Payments to suppliers and employees (84,897.44)
Cash receipts from other operating activ 0.00
Net Cash Flows from Operating Activi 299,373.57
Investing Activities
Payment for property, plant and equipme 0.00
Other cash items from investing activities 0.00
Net Cash Flows from Investing Activit 0.00
Financing Activities
Other cash items from financing activitie 0.00
Net Cash Flows from Financing Activi 0.00
Net Cash Flows 299,373.57
Cash and Cash Equivalents
Cash and cash equivalents at beginning 50,519.84
Net change in cash for period 278,152.57
Cash and cash equivalents at end of per 328,672.41
----- End of picture text -----

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees GB SRS Brundavan On accounts for the year 31/10/2023 Charity no 1150660 ended (if any) Set out on pages (remember to include the page numbers of additional sheets)

I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/07/2023.

Responsibilities and As the charity's trustees, you are responsible for the preparation of the basis of report accounts in accordance with the requirements of the Charities Act 2011 (“the 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 all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent [The charity’s gross income exceeded £25,000 and I am qualified to examiner's statement undertake the examination by being a qualified member of ACCA].

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination (other than that disclosed below *) which gives me cause to believe that in, any material respect:

the accounting records were not kept in accordance with section 130 of the Charities Act; or
the accounts did not accord with the accounting records; or
the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Signed: Name: Relevant professional qualification(s) or body	PAChimmalgi Date:	18/07/2025

	Poornima Chimmalgi

	FCCA and professional body is ACCA.

Oct 2018

IER

(if any):

Address: 10 Harmer Street, Gravesend Kent DA12 2AX

Section B Disclosure

Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).

Give here brief details of any items that the examiner wishes to disclose .

Oct 2018

IER