ANNUAL REPORT FROM THE BOARD OF TRUSTEES OF
ARYA SAMAJ (VEDIC MISSION) WEST MIDLANDS
FOR THE PERIOD FROM 1ST APRIL 2023 TO 31ST MARCH 2024
Last year’s AGM was held on Sunday, 10th September 2023. This was not an election year, so the trustees remain the same: Mr Ravinder Renukunta, Chairman; Dr Monaa Khurana, Secretary; Mr Vinod Gulati, Treasurer and Dr Umesh Kathuria, Mr Vijay Kumar; Mr Parimal Somani, Ms Bimla Saund are trustees. We could not fill the two vacancies of Trustees to make nine maximum required.
Overview of the Year 2023
The board have settled into their second year and has tried to continually work effectively and efficiently to improve the running of Arya Samaj; however, due to the aftermath of COVID, cost of living, loss of our elderly committed members, lack of the next generation’s involvement and other unforeseen circumstances, Arya Samaj has suffered or been set back in 2023 financially. We are seeing an increase in non-members attending our activities but less in funds.
Every Wednesday, we used to run Pran Yog, meditation, and laughter therapy, with Dr. Mona Khurana and Mr. Kishore Gupta ji leading the classes and providing light snacks afterwards. However, we had to pause these sessions due to a lack of attendance. But we are not giving up. We have plans to revive this service and hope to share some good news with you going forward.
We continued and maintained the services of Arya Samaj, which are as follows:
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Sanskrit Class - Every Wednesday on Zoom, Acharya Umesh Yadav ji, our learned priest, has been teaching Sanskrit class, including the teachings on Upnishad.
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Yoga - Every Sunday morning, Amrik Virdi ji runs a yoga class with teachings on Ayurveda and massage therapy. He intends to have one more class in the week, as we have more enquiries after the poster we put out outside the office.
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Havan and Satsang - Every Sunday, we have Havan and Satsang, followed by Rishi Bhoj. We are seeing better attendance in Havan, especially new people.
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Matrimonial Service - This service has faced challenges over the years due to changing times. However, we are committed to reviving it and believe there is a demand for our service. We intend to spend more time on this service to make it a successful part of our community again.
Update:
- We are internally grateful to all our sponsors and every donation we receive, as well as to all members and friends who visit this Temple in person or participate in Zoom and everyone who volunteers at events or Sunday Havan, an essential ingredient in running this, Arya Samaj.
Page 1 of 4
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Bharati Bhavan's rent of £1200 per month is still coming in from Bharati Bhavan, our tenant at the charitable music school. We have not raised the rent, as they are suffering too. We have a good relationship with them, and we continue for now to see how it goes.
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Our members & friends' monthly standing orders are crucial to our financial stability, and we are deeply grateful for their consistent support. With all your cooperation and active support, we would like to increase the number of these standing orders to ensure the smooth operation of our day-to-day activities at Arya Samaj.
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Zoom is regularly available to people for Sunday Satsang, Wednesday Sanskrit class, and Ved Katha for the devotes who cannot come to Arya Samaj Bhavan, but the attendance is very minimal; many times, one or two participants for the Sunday Havan Satsang. We have stopped ZOOM sessions for a big event.
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Last year, we introduced payments online and through card machines and have seen the benefits.
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We have a new website which we started using for GJP, and this will be a help to us; we still have some work to do on it.
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We introduced Arya Samaj (Vedic Mission) West Midlands Shop through - -
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https://www.easyfundraising.org.uk/causes/arya samaj birmingham/ and helped us get free donations. We sincerely request you all to use and share with your family and friends in using this service.
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We are actively seeking to increase the rental of our halls, which could provide a significant source of income for Arya Samaj. With parking facilities available at Rookery Road School, we encourage different communities to consider our halls for their events. We are also hopeful that Bhangra and Dhol Classes will be available soon.
Sponsored Yajmans - Total sponsored Yajmans for Sunday Havans in 2023 (Jan- Dec) were 20. This figure has dropped a bit, but we see more attendance and fewer sponsors. We continue to try and make a difference.
Sanskar Performed by Acharya Ji - Acharya Ji performed – 40 Sanskars' last year (April 2023 - March 2024). (Weddings - 0, Sagai Havan - 2, Griha Pravesh - 2, Birthday Havan - 9, Family Happiness - 7, Cremation + Shanti Havan - 4, Death Anniversary Havan - 15 and 3 days Pravachan at Dugra Bhavan – 1- Total Income was £5404
Less Sanskars in 2023 can be due to Acharya ji being on holiday for 5 weeks, but income is roughly the same due to price increases this year, due to bills going up.
Attending Other Event: The trustees, Acharya ji and other members have always attended other community events. Still, we have increased the number in the last two years and are involved in much more networking.
Acharya ji is involved with interfaith, and one of the talks he gave this year was at the CGI office on Hindi Diwas, which was very authentic, relevant and catching.
Our efforts to publicize and promote GJP have been significant. We have visited numerous temples, events, and met with dignitaries, seizing every opportunity to speak about our event and Arya Samaj. These interactions have been instrumental in our ongoing efforts to build relationships.
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Events:
From April 2023 to March 2024, we organised and held several significant events. These are as follows with a summary (complete reports can be found in Aryan Voice):
Arya Samaj Foundation Day – Sthapna Diwas – This was celebrated on Sunday, 9th April 2023. 148th year was celebrated with around 130 members, friends and dignitaries. We honoured our senior Vaidik guardians in the presence of their families with om shawl patka and a certificate of appreciation. Abhinandan was done for Shri Krishan Chopra in honour of his work for Arya Samaj worldwide. On this day, he became our patron.
Gaytri Maha Yajna - This important event of the year was celebrated on 4th June 2023. It was performed with the three sittings and with four Havan Kunds. Around 150 participants aged between one year old and eighty-eight years old.
Independence Day of Bharat - The 76th year of Independence was celebrated by ASWM on Sunday, 20th August 2023 with around 200 guests. After Havan, we had a shobha yatra with children and guests holding tri-colour (tiranga) flags, followed by flag hoisting by Chief Guest Mr Aman Bansal from the GCI office and cultural programme.
Ved Katha - It was from Monday 21st August to Saturday 26th August 2023 on Zoom, the topic was Panch Maha Yajna and 16 Sanskars; Acharya ji gave pravachan, and many people joined. From India Karnaal Haryana, one bhajanopdeshak, Acharya Munna Kumar Shastri, was invited on Zoom and he served daily singing beautiful and meaningful Vedic bhajans
Diwali and Nirvana Divas - We celebrated Diwali on 18th November 2023, attended by approximately 200 members and friends, including Mr Pramod Yadav from the CGI office and other community guests; the programme included Lakshmi Sooktam Havan, lighting of lamps and a cultural programme followed by raffle and dinner.
Children Special Day – This was set up last year for children to come and perform in front of family and friends to encourage, motivate and boost their confidence. This year, it was held on Sunday, 21st January 2024. We had around 25 children, with their parents, who participated in Havan and performances like dancing, singing, playing musical instruments, poetry, etc. We hope to continue this event and bring children and parents to Arya Samaj to learn and enjoy.
Republic Day of Bharat - We celebrated the 75th Republic Day of India on 28th January 2024 in the presence of over 180 people. Our special guest was Mr Richard Parker, the new West Midlands Mayor. Havan was performed, followed by flag hoisting, motivational speeches, and performances by children and adults showcasing their talents. Certificates of Participation in Children's Special Day and Republic Day - events were handed over to all performers.
' International Women s Day and Holi Festival - Arya Samaj (Vedic Mission) West Midlands (Birmingham) celebrated two important festivals together on Sunday, 24th March 2024. International Women's Day is a universal festival, and Holi is a social festival. Two of our respected female members performed the Priest role, which was an acknowledgement of women empowerment by Arya Samaj. We had musical performances and poetry by children and women, too.
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Gyan Jyoti Parv (GJP): - This event, which falls into next year's report, was a significant milestone for us. The preparation for GJP began in 2023, with the goal of celebrating our founder Maharshi Dayanand Saraswati's 200th birthday in a grand way. It was a testament to our hard work and dedication, but the event was a resounding success. We learned a lot from this experience and are excited about the future opportunities to showcase the Arya Samaj name in the UK.
Conclusion:
As we contemplate the future of Arya Samaj, we are faced with a pressing need for action. There is a significant amount of work to be done, and we urgently require individuals to step forward and contribute their SEVA, be it a small or substantial amount of time.
While we deeply value the advice and ideas of our members, it is the volunteers who are the lifeblood of any charity. We are in dire need of your support, help, and guidance.
As we bid farewell to our founders, senior members, and friends, who are no longer with us, we are reminded that the future of Arya Samaj rests in the hands of the next generation. It is time for them to step forward and carry the torch.
In the volunteering sector, everything takes time, and last year, most of our time went to GJP. In the new year, we plan to start having strategy meetings, so if anyone wants to help with tasks, please get in touch with our office manager. If any young adults want to get involved, we welcome you with open arms.
With a plethora of new projects in mind, we are hopeful that the new board will be able to juggle these alongside our existing responsibilities. However, to ensure the sustainability of Arya Samaj, we must find ways to engage with our community and raise funds for the daily operations of our building.
We need to promote our Samaj on social media platforms more to spread our institution and message. This year, we have had a good result, with a booming increase in the number of guests from different organisations and communities who attended our Bhavan. This also encourages more people to join the membership of Arya Samaj. However, we have introduced WhatsApp, Facebook and YouTube social media as well, but still, we need to focus more on it.
We have a big problem with homeless and anti-social behaviour in front of Arya Samaj. We are aware and working with the councillor, public and authorities to find solutions, but Birmingham City Council resources could be higher. With the help of Cllr Rinkal Shergill and the public, we are starting a petition to get the camera on Rookery Road. We need to find funding for a fence in front of the building, but this will only be the same size as Farham Road.
On behalf of the Board of Trustees, I thank Acharya Ji for continuing to do all his duties regarding Havan, Satsang, performance Sanskars, looking after Bhavan, etc.
Lastly, but most importantly, on behalf of our respected Chairman and the Board of Trustees, I would like to thank all our members, friends and sponsors for their continued support and commitment to ASWM. With your support, we continue to do the valuable work started by our Founder Maharshi Dayanand Saraswati. Let us all work together and make our samaj progress for the future.
: Om Shanti:
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REGISTERED COMPANY NUMBER: 1156785 (England and Wales) REGISTERED CHARITY NUMBER:
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31 March 2024
for
ARYA SAMAJ (VEDIC MISSION) WEST MIDLANDS
Brindleys Limited 2 Wheeleys Road Edgbaston Birmingham West Midlands B15 2LD
ARYA SAMAJ (VEDIC MISSION) WEST MIDLANDS
Contents of the Financial Statements for the Year Ended 31 March 2024
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 2 |
| Independent Examiner's Report | 3 | ||
| Statement of Financial Activities | 4 | ||
| Balance Sheet | 5 | ||
| Notes to the Financial Statements | 6 | to | 11 |
| Detailed Statement of Financial Activities | 12 |
ARYA SAMAJ (VEDIC MISSION) WEST MIDLANDS
Report of the Trustees for the Year Ended 31 March 2024
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Significant activities
With the HS2 relocation package on the 30/08/2017 the sum of £650,000 was paid to the solicitor for the purchase of Trinity Methodist Church. Since then an additional £538,903 has been spent towards the new building and relocation. The figure of £1,188,903 is reflected in the freehold property balance.
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
1156785 (England and Wales)
Registered Charity number
Registered office
321 Rookery Road Handsworth Birmingham West Midlands B21 9PR
Trustees
Dr Umesh Chandra Kathuria Trustee Mr Ravinder Renukunta Chairman Mr Vijay Kumar Trustee Parimal Somani Trustee Mr Vinod Gulati Trustee Bimla Saund Trustee Dr Mona Khurana Trustee
Independent Examiner
Brindleys Limited 2 Wheeleys Road Edgbaston Birmingham West Midlands B15 2LD
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
Page 1
ARYA SAMAJ (VEDIC MISSION) WEST MIDLANDS
Report of the Trustees for the Year Ended 31 March 2024
........................................................................................... Mr Ravinder Renukunta - Trustee
Page 2
Independent Examiner's Report to the Trustees of Arya Samaj (Vedic Mission) West Midlands
Independent examiner's report to the trustees of Arya Samaj (Vedic Mission) West Midlands ('the Company') I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2024.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.
Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
-
accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act 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; or
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the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
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.
Mr K S Chawla F.C.C.A
Brindleys Limited 2 Wheeleys Road Edgbaston Birmingham West Midlands B15 2LD
Date: .............................................
Page 3
ARYA SAMAJ (VEDIC MISSION) WEST MIDLANDS
Statement of Financial Activities for the Year Ended 31 March 2024
| Notes INCOME AND ENDOWMENTS FROM Donations and legacies 2 Investment income 3 Total EXPENDITURE ON Charitable activities 4 Repairs & Renewals Cleaner Donations and dakshinas Water Rates Light & Heat Telephone Exp. Print, Post & Stationary Wages and national insurance Insurance Bank Charges Food & Drink Sundry Cost VVM, GMY and Charity Dinner Event Aryan Voice publication Independent Examiners Fee Total NET INCOME/(EXPENDITURE) RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD |
2024 Unrestricted fund £ 32,298 14,725 47,023 220 2,177 - 263 10,140 1,790 1,781 20,347 2,679 - 5,350 488 - 1,455 480 47,170 (147) 1,254,625 1,254,478 |
2023 Total funds £ 34,439 13,322 47,761 - 2,773 62 438 5,329 1,741 1,653 24,296 2,370 5 4,353 723 436 3,684 480 48,343 (582) 1,255,207 1,254,625 |
|---|---|---|
The notes form part of these financial statements
Page 4
ARYA SAMAJ (VEDIC MISSION) WEST MIDLANDS
Balance Sheet 31 March 2024
| Notes FIXED ASSETS Tangible assets 9 CURRENT ASSETS Cash at bank and in hand CREDITORS Amounts falling due within one year 10 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS FUNDS 11 Unrestricted funds TOTAL FUNDS |
2024 Unrestricted fund £ 1,188,903 67,855 (2,280) 65,575 1,254,478 1,254,478 1,254,478 1,254,478 |
2023 Total funds £ 1,185,562 70,863 (1,800) 69,063 1,254,625 1,254,625 1,254,625 1,254,625 |
|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
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(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
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(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:
.............................................
Mr Ravinder Renukunta - Trustee
The notes form part of these financial statements
Page 5
ARYA SAMAJ (VEDIC MISSION) WEST MIDLANDS
Notes to the Financial Statements for the Year Ended 31 March 2024
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
2. DONATIONS AND LEGACIES
| DONATIONS AND LEGACIES | ||
|---|---|---|
| Donations & Daan Patra Vedic Marriage Sacrament Subscriptions Day Care Centre, Grant etc. |
2024 £ 26,746 3,440 750 1,362 32,298 |
2023 £ 25,050 5,220 3,420 749 |
| 34,439 |
Page 6
continued...
ARYA SAMAJ (VEDIC MISSION) WEST MIDLANDS
Notes to the Financial Statements - continued for the Year Ended 31 March 2024
3. INVESTMENT INCOME
| Rent (Bharati Bhavan/Women's) Deposit account interest |
2024 £ 14,400 325 14,725 |
2023 £ 13,200 122 13,322 |
|---|---|---|
4. CHARITABLE ACTIVITIES COSTS
| CHARITABLE ACTIVITIES COSTS | |||
|---|---|---|---|
| Repairs & Renewals Cleaner Water Rates Light & Heat Telephone Exp. Print, Post & Stationary Wages and national insurance Insurance Food & Drink Sundry Cost Aryan Voice publication Independent Examiners Fee |
Direct Costs £ 220 2,177 263 10,140 1,790 1,781 20,347 2,679 5,350 488 1,455 - 46,690 |
Support costs (see note 5) £ - - - - - - - - - - - 480 480 |
Totals £ 220 2,177 263 10,140 1,790 1,781 20,347 2,679 5,350 488 1,455 480 |
| 47,170 |
5. SUPPORT COSTS
| SUPPORT COSTS | |
|---|---|
| Governance | |
| costs | |
| £ | |
| Independent Examiners Fee | 480 |
6. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 March 2024 nor for the year ended 31 March 2023.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 March 2024 nor for the year ended 31 March 2023.
Page 7
continued...
ARYA SAMAJ (VEDIC MISSION) WEST MIDLANDS
Notes to the Financial Statements - continued for the Year Ended 31 March 2024
| 7. STAFF COSTS Wages and salaries The average monthly number of employees during the year was as follows: No employees received emoluments in excess of £60,000. 8. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES INCOME AND ENDOWMENTS FROM Donations and legacies Investment income Total EXPENDITURE ON Charitable activities Cleaner Donations and dakshinas Water Rates Light & Heat Telephone Exp. Print, Post & Stationary Wages and national insurance Insurance Bank Charges Food & Drink Sundry Cost VVM, GMY and Charity Dinner Event Aryan Voice publication Independent Examiners Fee Total NET INCOME/(EXPENDITURE) RECONCILIATION OF FUNDS Total funds brought forward |
2024 £ 20,347 20,347 2024 |
2023 £ 24,296 24,296 2023 Unrestricted fund £ 34,439 13,322 47,761 2,773 62 438 5,329 1,741 1,653 24,296 2,370 5 4,353 723 436 3,684 480 48,343 (582) 1,255,207 |
|---|---|---|
Page 8
continued...
ARYA SAMAJ (VEDIC MISSION) WEST MIDLANDS
Notes to the Financial Statements - continued for the Year Ended 31 March 2024
| 8. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued TOTAL FUNDS CARRIED FORWARD 9. TANGIBLE FIXED ASSETS Fixtures Freehold and Computer property fittings equipment £ £ £ COST At 1 April 2023 1,158,635 25,808 1,119 Additions 1,720 518 1,103 At 31 March 2024 1,160,355 26,326 2,222 NET BOOK VALUE At 31 March 2024 1,160,355 26,326 2,222 At 31 March 2023 1,158,635 25,808 1,119 10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 £ Accrued expenses 2,280 11. MOVEMENT IN FUNDS Net movement At 1.4.23 in funds £ £ Unrestricted funds General fund 1,254,625 (147) TOTAL FUNDS 1,254,625 (147) Net movement in funds, included in the above are as follows: Incoming Resources resources expended £ £ Unrestricted funds General fund 47,023 (47,170) TOTAL FUNDS 47,023 (47,170) |
Unrestricted fund £ 1,254,625 Totals £ 1,185,562 3,341 1,188,903 1,188,903 1,185,562 2023 £ 1,800 At 31.3.24 £ 1,254,478 1,254,478 Movement in funds £ (147) (147) |
|
|---|---|---|
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continued...
ARYA SAMAJ (VEDIC MISSION) WEST MIDLANDS
Notes to the Financial Statements - continued for the Year Ended 31 March 2024
11. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| At 1.4.22 £ Unrestricted funds General fund 1,255,207 TOTAL FUNDS 1,255,207 Comparative net movement in funds, included in the above are as follows: Incoming resources £ Unrestricted funds General fund 47,761 TOTAL FUNDS 47,761 |
Net movement in funds £ (582) (582) Resources expended £ (48,343) (48,343) |
At 31.3.23 £ 1,254,625 |
At 31.3.23 £ 1,254,625 |
|---|---|---|---|
| 1,254,625 | |||
| Movement in funds £ (582) (582) |
|||
| (582) |
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds General fund TOTAL FUNDS |
At 1.4.22 £ 1,255,207 1,255,207 |
Net movement in funds £ (729) (729) |
At 31.3.24 £ 1,254,478 |
|---|---|---|---|
| 1,254,478 |
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 94,784 | (95,513) | (729) |
| TOTAL FUNDS | 94,784 | (95,513) | (729) |
Page 10
continued...
ARYA SAMAJ (VEDIC MISSION) WEST MIDLANDS
Notes to the Financial Statements - continued for the Year Ended 31 March 2024
12. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2024.
Page 11
ARYA SAMAJ (VEDIC MISSION) WEST MIDLANDS
| Detailed Statement of Financial Activities | |||
|---|---|---|---|
| for the Year Ended 31 March 2024 | |||
| 2024 | 2023 | ||
| £ | £ | ||
| INCOME AND ENDOWMENTS | |||
| Donations and legacies | |||
| Donations & Daan Patra | 26,746 | 25,050 | |
| Vedic Marriage Sacrament | 3,440 | 5,220 | |
| Subscriptions | 750 | 3,420 | |
| Day Care Centre, Grant etc. | 1,362 | 749 | |
| 32,298 | 34,439 | ||
| Investment income | |||
| Rent (Bharati Bhavan/Women's) | 14,400 | 13,200 | |
| Deposit account interest | 325 | 122 | |
| 14,725 | 13,322 | ||
| Total incoming resources | 47,023 | 47,761 | |
| EXPENDITURE | |||
| Charitable activities | |||
| Wages | 20,347 | 24,296 | |
| Water rates | 263 | 438 | |
| Insurance | 2,679 | 2,370 | |
| Light and heat | 10,140 | 5,329 | |
| Telephone | 1,790 | 1,741 | |
| Postage and stationery | 1,781 | 1,653 | |
| Aryan Voice publication | 1,455 | 3,684 | |
| Sundries | 2,665 | 3,496 | |
| Misc. Others | 5,350 | 4,789 | |
| Donations and dakshinas | - | 62 | |
| Repairs renewals & maintenance | 220 | - | |
| 46,690 | 47,858 | ||
| Support costs | |||
| Other | |||
| Sundries | - | 5 | |
| Governance costs | |||
| Independent Examiners Fee | 480 | 480 | |
| Total resources expended | 47,170 | 48,343 | |
| Net expenditure | (147) | (582) |
This page does not form part of the statutory financial statements
Page 12
Independent Examiner's Report to the Trustees of Arya Samaj (Vedic Mission) West Midlands
Independent examiner's report to the trustees of Arya Samaj (Vedic Mission) West Midlands ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2024.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.
Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
-
accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act 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; or
-
the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
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.
Mr K S Chawla F.C.C.A Brindleys Limited 2 Wheeleys Road Edgbaston Birmingham West Midlands B15 2LD