2023-12-31-accounts

Reference and Administrative Details	ا
Trustees' Report	ivoll
Statement of Trustees' Responsibilities	28
Independent Auditors' Report	29 to 32
Statement of Financial Activities	33 to 34
Balance Sheet	35
Notes to the Financial Statements	36 to 57

International So¢lety For Krishna Consclouslless Bhaktivedanta Manor Llmit¢d IDdepend¢n¢ Audltor's Report to the Members of IDt¢rnattoDal Society For KrRshn2 Consciousness BhAktivedanta Manor Limited Use of ovr report This report 15 rnade sol¢ty io the charitable ¢omp&ny's trusiee5. a5 a body, in accordance with Chapier 3 of Pan 16 of the Companies Act 2006. Our audit work h&8 been undertaken so that we might stare 10 the charitys trusiees those matters w¢ are tequiredto stat• to them in an auditor's report And for tLO otherpurpose. Tothe fullest ¢xtent petmitted by law. we do not a¢¢ep¢ or assume responsibility to anyone other than the rharitable company and Its trustees as a body, for our audit work. for this report. OT for ihe opini￿5 we have fom)ed. Jii Sin For and OD b A (Senior S$ttJ¢¢Jry Aud ofKNAV Limi*d, Stat tor} tory Auditor ha Hygeia Buklding Ground Floor 66-68 College Road Harrow Middlesex HAI IBE Date.. 202440.UK Page | 32

			Unrestricted		Total
			funds	Restricted funds	2023
	Note
			£	£	£
Income and Endowments from:
Donations and legacies			2,974,691	262,413	3,237,104
Charitable activities		4	2,304,607	38,774	2,343,381
Other trading activities		5	75,514		75,514
Investment Income		6	66739		66,739
Total Inconje			5,421,551	301,187	5,722,738
Expenditure on:
Raising funds		7	(1,909,975)	(252,433)	(2,162,408)
Charitable activities		7	(2,098,231)	(62,949)	(2,161,180)
Total expenditure			(4,008,206)	15,382)	(4,323,588)
Net lncome٩expendlture)			1,413,345	(14,195)	1,399,150
Reconciliation of funds
Total funds brought forward			10,804,303	1,431,634	12,235,937
Transfer between funds			(1,018)	1,01
Total funds carried forward		19	12,216,630	1,418,457	13,635,087

			Unrestricted		Tota!
	Note		fnnds	Restricted٢u١١ds	2022
			£	£	£
Income and Endo'vments from:
Donations and legacies			2.506.510	415.315	2,921,825
Charitable activities		4	1,874.572	36.455	1,911,027
Other trading activities		5	66,011		66,011
Investment income		6	1,240		1,240
Total income			4,448,333	451,770	4,900,103
Expenditure on:
Raising funds		7	(1,567,272)	(398,244)	(1.965.516)
Charitable activities			(1,563,150)	(80.674)	(1,643,824)
Total expenditure			(3,130,422)	(478,918)	(3,609,340)
Net income,٩expenditure)			1,317,911	(27,148)	1,290,763
Reconciliation of funds
Total funds brought forward			9,486,392	1,458.782	10,945,174
Total fitnds carried forward		19	10,804,303	1,431,634	12,235.937

	Note		2023	2022
			£	£
Fixed assets
Tanglb!e assets		12	1)078,310	859,176
investments		13	100	100
			1,078,410	859,276
Current assets
Stocks		14	34,054	18,800
Debtors		15	9,238,909	8,029,029
Cash at bank and in tiand		16	3,636,344	3,557,928
			12,909,307	11,605,757
Creditors: Amounts falling due within one year		17	(352,630)	(229,096)
Net current assets			12,556,677	11,376,661
Net assets			13,635,087	12,235,937
Funds of the charity:
Restricted income funds
Restricted funds			1,418,457	1.431,634
Unrestricted Incotite funds
Designated funds			2,269,628	1,758,538
Fixed asset funds			311,464	75,839
Loan funds General reserve			1,401,7θθ	7,548,838 1,421,088
Total unrestricted funds			12,216,630	10,804,303
Total funds		19	13,635,087	12,235,937

	Unrestricted funds	.Restricted	Total	Total
	General	funds	2023	2022
	£	£	£	£
Donations	2,974,691	262,413	3,237,104	2,921,825
Legacies
	2,974,691	262,413	3,237,104	2,921,825

	Unrestricted	funds	Restricted	Total	Total
	General		funds	2023	2022
	£		£	£	£
Animal Protection & Welfare		532,456		532,456	440,811
Books		289,525		289.525	225,391
Education & training		233,220	38,774	271,994	169,508
Festival		1,103,554		1.103,554	984,220
Religious activity		145,852		145,852	91,097
		2,304,607	38,774	2,343,381	1.911,027

		Unrestricted	funds		Restricted	Total	Total
		General			funds	2023	2022
		£			£	£	£
Trading	activities			75,514		75,514	66,011
				75,514		75,514	66,011

	Unrestricted funds		Restricted	Total	Total
	General		funds	2023	2022
	£		£	£	£
Interest on deposit accounts		59,204		59,204	1,240
Interest on loan				7,535
		66,739(؟آل٦١ةة			1.240

		Unrestricted	funds	Restricted funds	Total	Total
	Note	General			2023	2022
		£		£	£	£
Staff costs		789.678			789,678
Premises insurance			71.214		71,214	49,302
Telephone			6,724		6,724	7,701
Postage and stationery			ة٦٦اآل	6,232	10,008	15,350
Sundries			23.130		23,130	1,890
Purchase		241.037			241,037	206,548
Disposables			46,028		46,028	26,039
Gifts & samples			171		171	9,132
Literature & brochures					0	1
Devotee maintenance			37		37	1.638
Computer costs			16,021	2,482	18,503	18,782
Repairs & maintenance		173,989		1,250.00	175,239	٦l٦\١Q
Travelling			11,700	9,142	20,842	19,818
Motor expenses			7,793			11,090
Professional fees			65,415		65,415	45.157
Hire of equipment
Bhoga consumptions			982		982	4,597
Training			470		470	2,098
Flowers and decorations			3,179		3,179	5,908
Cleaning and disposables		103,046			103,046	86,340
Donations			37,157	205,321	242,478	500,622
Flealth & Safety compliance			14,650		14,650	12,149
Rates and water			28,735		28.735	20,722
Repairs and renewals		132,326			132,326	42,734
Courses			,657		ا657	56,185
Depreciation٠owned assets			67,711		ต١า\\	10,905
Support fees			31,092	6,013	37,105	33,355
Support Subsidy			24,297		24,297	27,641
Books			960	21,993	22,953
		1,909,975		252,433	2,162,408	1,965,516

		Unrestricted funds	Restricted funds	Total	Total
	Note	General		2023	2022
		£	£	£	£
Animal Protection &
Welfare			25,269	25,269	46,690
Books		269,204		269,204	230,1 1
Education & training		656,552	37,681	694,232	525,699
Festl٧al		804,720		804,720	578,404
Religious activity		308.268		308,268	252,496
Devotee welfare activity		59,487		59,487	10,417
		2,098.231	62.949	2,161,180	1,643,824

	2023	2022
	£	£
Audit fees	12,600		11 880
Depreciation of fixed assets	102,950		62,813

The aggregate payroll costs were as follows:
	2023	2022
	£	£
Staff costs during the year were:
Wages and salaries	1,244,988	1,050,432
Social security costs	94,741	77,041
Pension costs	21,640	17,286
	1,361,368	1,144,759

2023	2022
No	No
72	65

	Fixtures, fittings and equipment	Motor vehicles	Assets under construction	Frecliold improvement	Total
	£	£	£	£	£
Cost
At !January 2023	89,099	57,410	17.110	824,565	988,1 84
Additions	143,716	30,305	149,063		323,084
Disposals
Transfer	158,733		(158,733)
At 31 December 2023	391,548	87,715	7,440	824,565	1,311,268
Depreciation
At !January 2023	41,664	46,116		41,228	129,008
Accumulated
depreciationon disposals
Charge for the year	١٦٦QS9	10,400		16.491	103,950
At 31 December 2023	118,723	56,516		57,719	232,958
Net book value
At 31 December 2023	272,825	31,199	7,440	766,846	1,078,310
At 31 December 2022	47,435	11,294	17,110	783,337	859,176

Cost
At !January 2023	100
At 31 December 2023	ا00
Net book vaJue
At 31 December 2023	100
At 31 December 2022	100

	Country of		Proportion of voting riglits	Proportion of voting riglits	Principal
Undertaking	incorporation	Holding	and shares held		activity
			2023	2022
Subsidiary undertakings
					Production and
Bliaktivedanta Manor					sale of dairy
Limited Dliaram Marg, HilField Land, Aldenham	Ensland and Wales	Ordinary shares	lOO./o	100%	products and the hosting of
Hertfordshire					wedding
					events

	2023	2022
	£	£
Stocks	34,054	18,800
ا5 Debtors
	2023	2022
	£	£
Trade debtors		5,392
Due from group undertakings	,720,747
Prepayments	34,180	15,836
Other debtors	483,982	327,874
	9,238,909	,029,029

			2023	2022
			£	£
Casli	on	hand	784	911
Cash	at	bank	3,635,560	3,557,017
			3,636,344	3,557,928

!7 Creditors: amounts fa!!؛ng due within one year
	2023	2022
	£	£
Trade creditors	97,819	57,232
Due to group undertakings	1ร؟،١ๅา	100,302
Other taxation and social security	23,909
Other creditors	154,156	30,746
Accruals	50,869	40,816
	352,630	229.096

Current year
	Balance at I Janua^ 2023	Incoming resources	Resources expended	Transfers	Balance at 31 December 2023
	£	£	£	£	£
Unrestricted funds
(A) Designated funds
Youth Preaching (Pandava Sena)	50,000		(57,730)	57,730	50,000
Signage Project	45,000		(41,017)	,983)
Japa Garden Project	65,000	115,853	(95,878)		84,975
50th Anniversary Celebration 2023	200,000	2,256	(122,859)	(79,397)
Janniashtami2024	240,938	912,065	(494,114)	(408,889)	250,000
Tulsl Garden Project	45,000		(36,397)		,603
Manor Restoration	525,000		(121,916)	121,916	525,000
Basement Development & Goshala Visitor Centre	200,000				200,000
Bhaktivedanta Players Theatre	24,500				24,500
ISKCON Educational Services Schools Programme	62,100				62,100
Sunday School Krishna Club - Youtli	45,200	24,605	(5,355)		64,450
HH Keshav Swa!nl Preaching Fund	55,800			(55,800)
New Mayapur, France " Loan	200,000		(200,000)
Property renovations				1,000,000	1,000,000
(B) Fixed asset funds
Other fixed assets	75,839			235,625	311,464
(C) Loan fiintls
Loans to group	7,548,838			685,000	.,233,838
(D) General reserve
General reserve	1,421,088	4,366,772	(2,832,940)	(1,553,220)	1,401,700
Total unrestricted funds	10,804,303	5,421,551	(4,008,206)	(1 ,0 18)	12,216,630

Current year (continued)
	Balance at I January 202د	Incoming resou rces	Resources expended	Transfers	Balance at 31 December 2023
	£	£	£	£	£
Goshala	1ا140,233		(25,269)		1,114,964
Nursery	150,030	38,774	(37,681)		151,123
ISKCON Mayapur		70,800	(50.189)		20,611
Η.Η. Bhakti Charu Maharaja Samadh¡ Construction funds/ujjain Funds	75,641	44,410	(120,051)
India Covid-19 Appeal	520	436	(956)
Alumni	3,706	251			3,957
Ukraine Appeal	11,625	3,708	(15,333)
FlI-lSBKMaharaj	43,673	103,085	(41,945)		104,813
TPFund	6,206	13,111	(12,750)
Turkey Appeal		3,241	١24Ι)
Shyamsundar		6,892	(7,910)	1,018
Film Restoration		16,479	(57)		16,422
Total restricted funds	1,431,634	301,187	15,382)	1,01	1,418,457
Total funds	12,235,937	5,722,738	(4,323,588)		13,635,087

Prior year
					Balance at
	Balance at				31
	1 January	Incoming	Resources		December
	2022	resources	expended	Transfers	2022
	£	£	£	£	£
Unrestricted funds
(A) Designated funds
Youth Preaching (Pandava Sena)				50,000	50,000
Signage Project				45,000	45,000
Japa Garden Project				65,000	65,000
50th Anniversary Celebration 2023				200,000	200,000
Janmashtaml 2023				240,938	240,938
Tulsi Garden ProỊeci				45,000	45,000
Manor Restoration				525,000	525,000
Basement Development & Goshala Visitor Centre				200,000	200,000
Bhaktivedanta Players Theatre				24,500	24,500
ISKCON Educational Services Schools Programme				62,100	62,100
Sunday School Krishna Club - Youth				45,200	45,200
IJI l Keshava Swam؛Preaching Fund				55,800	55,800
New Mayapur, France				200,000	200,000
(B) Fixed asset funds
Other fixed assets	32,662			43,177	75,839
(c) Loan funds
Loans to group	6,936,065			612,773	7,548,838
(D) General reserve
General reserve	2,517,665	4,448,333	,130,422)	(2,414,488)	1,421,088
Total unrestricted funds	9,486,392	4,448,333	,130,422)		10,804,303

Prior year (continued)
					Balance at
	Balance at				31
	1 January	Incoming	Resources		December
	2022	resources	expended	Transfers	2022
	£	£	£	£	£
Restricted funds
Goshala	1.186,923		(46,690)		1,140,233
Nursery	147,559	36,455	(33,984)		150,030
ISKCON New Mayapur	12,372	3,800	(16,172)
Η.Η. Bhakti Charu Maharaja Samadh¡ Construction funds/Uj!ain Funds	109,878	226,763	(261,000)		75,641
India Covid-19 Appeal		520			520
Alumni	2,050	1,655			3,706
Ukraine Appeal		36,353	(24,728)		11,625
HHSBK Mafiaraj			(33,894)		43,673
TPFund		6,206			6,206
Preaching at RB Events		26,250	(26,250)
HHBPS Tribal		34,000	(34,000)
Villa Vrindavan		2,200	(2,200)
Total restricted funds	1,458,782	451,770	(478,918)		1,431,634
Total funds	10,945,174	4,900,103	(3,609.340)		12,235,937

Current year
	Unrestricted
	funds
	Genera!	RcstrJcted funds	Total funds
	£	£	£
Tangible fìxed assets	311,464	766,846	1١078ا310
Fixed asset in٧estments	100		100
Current assets	12,246,210	663,097	12,909,307
Current liabilities	(341,144)	(11,486)	(352,630)
Total net assets	12,216,630	1.418,457	13,635,087

Prior year
	Unrestricted
	funds
	General	Restricted funds	Total fuilds
	£	£	£
Tangible fixed assets	75,839	783,337	859,176
Fixed asset investments	100		100
Current assets	10,945,974	659,783	11,605,757
Current liabilities	(217,610)	(1 1,486)	(229,096)
Total net assets	10,804,303	1,431,634	12,235,937

he balances owed from and owed to group undertakings at the year-end	is as follows:
	2023	2022
	£	£
Amount due from group undertakings
ISKCON Ltd National Office (short-term loan)	5,569,031	4,884,031
Bhaktivedanata Manor Limited (short term loan net of provision)	2,664.807	2,664,807
Bhaktivedanta Manor (donation amount receivable)	486,909	129,615
ISKCON London (trade debtor)		1,474
	,720,747	آلاآل٦ة١٦2٦
Amount due to group undertakings
ISKON Ltd BBT & National office (trade creditor)	25,877	100,302
Bliaktivedanata Manor Limited (trade creditor)
ISKCON London (trade creditor)
	25,877	100,302