Company registration number. 08300433 Ch8rity registration number. 1157877 International Society For Krislma Consciousness Bhaktivedanta Manor Limited (A company limited by guarnntre) Annual Repjrt And Financial Sta*ments for the Ye8r Ended 31 December 2024
InternatSonal Society For Krtshna Consclousness Bh2ktivedanta Manor Limited Contents Reference and Administrative Details Trustees, Report 2to24 Stat¢ment of Trnstees, Responsibilities 25 Indq)endent Auditors, Report 26to29 Statement of FinwKial Activiti 30to31 Balftnce SIRet 32 Notes to the Finaneial Ststements 331054
International Society For Krishna Consciousness Bhaktivedanta Manor Llmited Reference and Administrative Details Trustees Mr S K A8an¥al Mr W J M Fleming MrN B GOT Mrs J Grie&8er Mrs P Naysmiih Mr D K Patel Mr K C Palel Seetsry Mr N Bashir Registered Office Dharam Marg Hilfield La Aldenham Watford H¢rtfordshire WD25 8EZ Company Reglstr*tEon Number 0831)0433 Charity Roeiitntlott Nffjmber 1157877 Audltor KNAV Limito Ststutory Auditors Hygeia Building Ground Floor 6&68 College Road HaTrow Middlesex HAI IBE Page I I
International Societi. For Krishna Consciousness Bh2ktivedanta M9nor Limitcd Trustees, Report ISKCON International Society, for Ki-ishna Consciousness Bhaktivedanta Manor Chui'iti, Th'iiinber.. 115 78 77 Trustees, Annual Report 31" Deceiiiber 2024 44 Page | 2
International Society For Krishna Cons¢iousnes5 Bhaktivedanta Manor Limited Trustees, Report Th¢ truslees, who are directors for the purposes of company lawl present their annual report together with the financial statements and auditors, report of the charitable company for the year ended 31 December 2020 and confirni they comply with the requirements of the Chariti¢s Act 2011, the trust deed and the Charities SORP {FRS 102). Objective5 and actlvltles The organi5ation is a charitsble Company (number. 08300433) limited by guaT&ntee. TllCOTporgted on 20 November 2012 and registered as a ehaTity (number. 1157877) on 16 Juty 2014. The company was ¢stablished under a Memorandum of Association which established the objects and p)wers of the charitable mpany and is goven und¢r lis Articles of Associalisjn. Th¢ objcct7ves of the Charity are io advance. transmitj spra and propagaie the rcli8ion of Krishna Consciousness 8S r¢v¢al¢d in the teachings of Bhagavad Gita As It Is and Srimad Bhagavatam as ¢aught by the Found¢r - Acarya A.C. Bhaktivedanta Swami PrnlJhup8da and in 8ccordance with the ienets of th¢ International Society for Ksishna Consciousn. More specifKalty the aims and objectiV¢5 of the C1wity are summ8ris¢d below." The Puryoses of ISKCON l ) To systematically propagatt Spiritual knowledge to so¢i¢ty at large and to educate all people in the techniques of spiriDJal life in order to check the imbalan¢c of valuu in life and to achicve ml unity and peace in the world. 2) To propagate a consciov5ness of Krishna (G1). os it is revealed in th¢ m scripwres of Indi8. Bhagavad-gita and Srimad-Bhagavatsm. 3) To bring the membets of the Society together with each other and ncartt lo Krish, the Prime entity, thus developing the idea within the members. and hurnanity at larg< that cach soul is part and Pa¢1 of the quality or Godhead (Krishna). 4) To teach and ¢n¢ourage the sankirtyn) mov•nenL eon8regational ¢hanting of the holy name of God as revealed in the teachings ofLord Sri Caitanya Mahaprabhu. S) To erect for the members and forsociety at large a holy plac¢ of tr8nsLYnd¢n¢al pastimu d¢diut¢d to the personality of Krishna. 6) To bring the members closer together for the Purpose of teaching a simpler, more naturnl way of life. 7) With a view towards achieving the &for¢m¢ntioned PUTP)se4 to publish and distribu periodi¢als. magazine4 books and other writing& PblIC benetlt In sening the Thority's objectives aTMI planning the Charity's acliviti¢4 the Tnwees have given careful considerdtion to the Charity Commission's g¢n¢ral guidance on public benefit. The Trnstees always SUre that thc aclivities undertaken by the Charity furtkr its charitsbl¢ objects and aims. Page13
International sIety For Krishna Consciousness Bhaktivedanta Manor Limited Trustees, Report Strutture, Governance And MaDagemeDt Th¢ directors of the charitable company are also ¢harity trusle¢5 for ihe purposes of charity law and under t CompAny's Articles. Th¢ International Society for Krishna Consciousness Limitr4 is the 501e member or parent entity oflSKCON BM. Nature of governlng document The Charity is COTthlled by its govm)ing dUMen{ a deed oftrusL and wistitutes a limited company> limited by guarantee, as defined by the Companies Act 21X)6. Re¢rwl¢meDt and ppointrnent oltnjstees The power lo appoint new tnletS is vested in the membe[5 ofthe charity. fn considering the reeruiiment of a new tNstee, the Membe would look to seasoned individuals with broad rnanagement experience, releVt charity related ski114 empathy and knowled8¢ of th¢ charity's Induetlon And tralnlng oftru5t¢ New trustees are invited to spend time with existing Trjstees ofthe Board aspwrt of their induction. Additional training and uplates arc offued a5 appropriate. Tbe Trn5tees (Board of Trnstees) All trustees givetheirtimevoluntsrily [note: thetemple president isn't avoluner] and otherthanthetemple presiden( receive no benefits fmm the Charity. Any expenxs. if reclairn from lh¢ Charity, will be set out in th¢ notes to the accounts. Conflicts of intrrest are r¢¢orded and carefully monitored to ensur¢ that trnsl¢¢s undertak¢ their duty to a¢t in the Chwity's best int¢resL Purpose The Board of Directors a responble for the Charity's administratio They en9Jre that ISKCON BM is effectively achieving its stated purpos¢s and is compliant with the requirement5 of the governing documents and the law. Their key role is related to the charity's perfMCe and c(KnpIian¢e induding th¢ following below". l) Direction and management of administration. 2) Appointing the President Managing Director in Collaboration with the Temple Council. Senior MaD8gcment Team and GBC se¢r¢tary. 3) Ensuring the charity is well run, solvent and delivering as per stated in its charitable objects. 4) Final sign off on the annual budget and high-level accounts. 5) Ensure compliance wilh qUIrements of ihe Charity Commission. 6) Sign off the annual achievement reports, annual returns and subrnilling aceounts as required by law. 7) Ensure that the charity does not breach any of th¢ M]uirem¢nts or rules set out in ils govemin8 docUMt and that il remains In to the charttable purpose and objects set out therein. 8) Comply with the requirements of Oth legislation and other rtgu18tor5 (if any) which govern the activities of the charity. 9) Act with integrity and avoid Iny perso1 conflicts of interest or misuse of ch¥rity fu7Mts or assets. 10) Ensure that charitable funds and assets are being used reasonably. and onty in fuTth¢rance of the charity's objects. I l) Avoid undertaking activities that might pla¢¢ th¢ charl5 ¢ndowmenL fund& assets or r¢put8tion at risk. 12) Take special care when investing the fvnds of th¢ ¢h&riry. or borrowing fiJnd$ for the charity to use. 13) Consider getting exiern41 PTofcssional 8dvice on All mat*rs where thtte may be material risk to the charity. or where the truste¢5 may be in breach of their duties. Pa8e14
International Society For Krishna Consciousness Bhaktivedanta Manor Limited Trnstees, Report The Board of Trustees are supported in their 8overnanee of the Charity by subcommittees i.e. the Templ¢ Council and the Pthns Council. The Senior Management Team ov¢rstt the efficient running of the Charity's operations. The role3 of each of these committees are detsiled below: Senlor Manageme))t Team (SM.T.) Purpose l) The management team Tll the operations of the ionple on a daily. prnctical b85i5. 2) They are reynsible for the delivery and prdctical implementstion of the annu81 budget and strategic plan5. 3) They take care of most iemple 5ervi¢es gnd operations. ensuring that the appropTiate devotional culture and etiquettes are mainlained and that goal and targets are a¢ht¢v¢d. 4)the lemple's various councils Ind cornmittces ensvTinB that pfffornwe taTgets are met and polici¢s are followed. The various bodies. including the Temple Council, Patron Council Trustees #c fUtIOn to assist the SMT in successfully managing ISKCON Bhaktivedants Manor. 5) They rnainta?n hazmony. collabryation and progre5& Temple Coundl .c.} Puryose The Temple Council has o broad and incI1ve membership. deliberately and by its own constiwtion. It 5eek5 to represent the religious community (Krishna Community) as A WI1¢. ¢ffwtively providing a voice to those who make significant contributions to the society and its mission but may not be in Temple management. It combines leaders, various communities and other activ¢ Makeholder5. Each member must be in good spirityal standing and not ¢nsaged in any activity that opposes the values and siandwds of ISKCON. Th¢ TPIt Council is governed by tern of reference. l) Takes on board views and experience of all generation& levels of expertise and all the different community interest groups. 2) Helps fonn new Temple policies and initiatives. 3) Keeps existing policiaq uptiate and help fonn '[KltiOn statanents. on socid prartical iss. 4} Addresses contemporary issues and how tlw may effect Temple policies. 5) Agrees on annu81 prioritie5 ftir ISKCON Bhaktivedanfa Manor. 6) Nominates and appoints new Truste and its own memkrs through a demo¢r81icJ voling proces& 7) Focuses very much on the 'Seven Purwses of ISKCON,. playing the role of a'rtchdo8' to h¢lp ensure that the rnood and priorities of the movemerbt are tspheld. 8) tklegates funding to a variety of ISKCON Projec on annual ls. The Patrons Council (P.C.) Pllryose The specific executiv¢ thities of the PC aT¢ to: i) Work with th¢ Charity's management to in¢r¢ase and keep steady the number of Patrons and ensure their care and cultivation In Krishna consciousness. 2) Assist the Board of Trustees on major developments, including supportin8 fimdraising initiatives for 5p¢cial projects. initiatives and developments. 3) Mana8e the Chartty's 'pTofit centres.. in¢ludin8 HA1 Baktsy. Sip. RWtiQ weddin Guest Hou4 Mail Order. Farn]. Shop. Horticulttkre. Festivals and any OUtsOUTced are85 {e.g. ICT). 4) Assess the Charity's outcomes (KPIS) and effectivencss as related to financial Sd. S) Monitor the works of the PatrON$ Working Committee and Finance Committee: Page15
International Society For KrishDa Consciousness Bhaktivedanta Manor Limited Trn5tees' Report 61 Assess ihe appropriateness and effectiveness ofany funds invested or loaned Èo any oiher leg81 charitsble ¢nlities with SiTnilar purpose- 7) Manage the Charity's property portfolio; 8) Manage the Charity's investment budgeL 9) Any other morter5 requesd by the Boord of Trnses. The Specif advisory duttss ofihe Pcshollbe io.. l ) Advise the Board on matters of Patron membership finance. investment and development" 2) Review the Charity's budget. internal and extemal financial ststements and reports to Sre that they reflccl best practice and advise the Board accordinglyj 3) Revi¢w the busia¢&s / (4>erntin8 models for eath of the awity's depfrtsnents &$ and when rwired. And oifvise the Board accordingly: 4) Ensure anangements for th¢ annval Patron's DirAw. 5) Consider and 8dvise the Board on th¢ Charity's oJmu818nd lon8-t¢rnl Strategic 4ims' 6) Advise on an investments policy: 7) Consider Any other matters when requeskd to do so by the Board. Equal Opportunltks The Charity is an ¢qual opportunities ¢mployer and is committed to promoting equal opportunty for all stsff and job hpplicants. StrateEle Management oftbe Ch#rlty Through extensive educational services schools. colleges and universiti4 distribulion of literature and presentations from its vartous publications and through numen)us largety attended f¢stiva15, we offer a cultural resource for the re-spiritualisation of so¢i¢ty. It seeks t¢ live out the tharity's objective, ID p1rtiav how to 8lleviate the suffering of hurnanity and enacl th¢ teachings of the riPtureS the Charity subscribes to. ISKCON BM?$ StrAtegy CID Jummary): The key elements of our medium long term strdtegy are: l. Edllcarfo triniog in religloui praetlet: pstornl ure Regular classesi pre5entstions and selninars are held for the benefit of members aTMI the wider public, who aTe given insights into how io lead a more fulfilling life. This 18 in house trainin& school visits and we visii private homes aT schools on invitation. In addition. events are held in universities. ISKCON BM also Conducts residenlial courses for training boih men and women in spiritual prnctice to enable them to learn the techniques of spiritual life a5 fiJll-tim¢ residents or in their own homes. 2. Publlc festlvals- pronwthig splritual technlques Festivals are an important Wof Trjr adivitie& They give opporttmities for the wblic to be introduced to our spiritual teachin85 and allow existing members to become Tnore involved and deepen their relationship with each oiher. Our festivals are culntr41. entertaining, colourffijl and upllfting and areopen to all. Our major festival is Janmashtami. the celebration of L4)rd Kri5hna'5 birth in this world thousgnd8 of years ago. Large portions of the grouThls are transfoTm¢d with tert exhibitions. dance and dTrma. Children a150 enjoy puppet shows. face painting drama and yoga. For adults there aTe multimedia pre5entsiions, worship in the main shrine. interactions, Q&A and a huge variety of live entert8inm¢nL Pa8e16
International Soeiety For Krishna Consciousness Bhaktivedanta Manor Limited Trustees, Report 3. Distributlon of Ilteratsre Many of our m¢mbeTS dislnTriuE¢ spiriiual 0ks. covering ben¢fKial iopics. for example. physical. mental, emotional and spiritual. including infoFmation which emphasises services to humanity. tolerance and respect to encourage unity and harniony among people of all backgrounds. 4. Distribution of sanrtified vegetarian food (Prnsad) The fo¢xI we distribute is not only vegeiarian but also spiritually sanctificd food called prasad, this mean$ that anyone who eats it 15 physically and spiritually benefitted. A non-violent and Conl0u5 lifty]e is advocated through the focus on a veg¢lari8n, ahimsa lifestyle. MaDy of th¢ tharity's m¢mb¢rs pwsue a vegan lifole or are ahimsa ve8aiis- co#suming dairy frnm fam)s thaf ftillow the highest ethical standards of dairy prcduetion. 5. ED¢ouraging positive Uft principles And social engagement through volunte¢rlng We are hugely dcpendent on our volunteeTS. Without their Selfl dedition oursociety would notbc able to perforn) the festivals and activities ISKCON BM is reputed for holding. 6. The overseelng of sangos (splrithal githeritigs) We oveTsee and ¢Thrage spirit1 home proBrnmmes where indivbluals meet regularly for study 8nd Frfonn devotional acliviiies. providing teaching and important association for its members. 7. Outreach, Including youth outrexch, to people of all ages gnd clllthral b8ekzrounds Outreach is a very important part of our activities. We encournge members of the public to attend our Open Days, courses. cl8sses and rctreais thai are organised. 8. Fundra151ng We strive to raise funds in a variety of Y$. We have a patronage system and on¢ff dorthlions systems which help lo k¢¢p up the day to day runnin8. We ffty on the 8eneTOU5 donation5 of our Patron4 overs¢en by our Patron Council. 9. Klrtan (eongregatlons aDd publi¢ eh2ntinz of the names of Cod) TYPIlIy. a 11 and response style set to mu51¢ ('KIrt'). Kirlan explo spiritual id¢8s and expres5 love and devotion to God. Ktrtan often involvcs dancing and we are Probably still famou5 for(wrpublic ktrf8n in town and City centres. Such activiti&% have their cUlra1 roots in Hinduisrn. Kirtan brings people together in joyous song which extols love and devotion to God. 10. Promotlng a more way of life thrnugh faTmlng hortieulturt N¢w Gokul, ISKCON Bm's Dairy Farni and Visitor Centre reintroduc¢s a rndical 8pproa¢h to farniing in th¢ modem world. Et is called 8 Goshala because It shelter5 cows ('go' is Sonskrit forcow, and'shala, _ sh¢lier). The herd includes milk-giving cows. working ox¢n and at least one mature bull. The remainder JTC either calves or retired. Cows bear Iheir first ¢alf &nd start giving milk 8130 months: oxen start work at 24 nThths. In winter. when grLss sp$ growing and fields b¢com¢ waterlo88¢d. the herd shelters indoors, where they hive plenty of space and access lo the open air. In the summer they prefer be outside day and night. Page17
International Society For Krishna Consciousness Bhaktivedanta Manor LimAted Trustees, Report A unique feature of ihe farm is its growing reliancc on ox power and Fmnd milking. Milk woduced on 8 Sustainable and humane fami is better for people and better foT the mws. New Gokul provides for the needs of the cows for their whole lives. Risk m4n*gernent Th¢ Charity's risk regisier is reviewed #nd discussed by the TA% al ¢very meeting of the Board of TTUStees. Risk management is embedded at all levels. and the risks facing the organisation are ideniified and documented in the risk register. The Tnte¢S ensure thai for each risk., • Mitigation procedures are d¢vcloped • Responsibilities for impl¢ment8tion and review are assi1 The stattts is monitored oll a regular and tim¢ly b&sis. Aehlevements And Performanee ChAir of Trusttts Summary Report Temple Pre51dent The year2024 ¢ontinuedBhthivedanta MwKff'S an¢icntand moderntr8ditions ofspethujar ceIebr4tions that ]lUde dramas, person41 allecdote4 philosophy, singing. dancing and ¢Xtraordinary feastin& Further. under professional tutdage, some devotees made stained glass pea¢ocks to demte the new Haveli building's window& Al unique for 2024 was that the Manor's Temple President was invited to att¢ThJ a working br¢thfast with Prime Minister Keir Siarni¢r at 10 Downtng Street. And Manor representsrives contin¥¢ io attend Holocaust Memorial events, War memorial local iown meeting& #nd a of other community and faith eTrgagements. Th¢ Manor continues to attra¢t many gu¢sts daily gnd even n¥)rc on the Week and during IlIdayS. Thi5 h¢avy footfall offers the w¢lcome opportunity to introduce and attract our many guests to the divers¢ 8spec(s of OUT d0tIonal Cultur School of Bhakti for edu¢r¢tion 4mJ pilgrimages. volunieer servicffj Krishna Club for children. organic fanning and cow car@ and so forth. The live 8trdtegi¢ priority for tk Manor continued to trke steps fonvard from 2023. The New Gokula visitors ¢entre d¢si8n proce55 is about to wbmit a full planning application. sble Block development is ongoin8 and the Manor- owned idenCeS in the nearby village will start improvements soon. In 2024. the Patrons Council contioued to ovetsee the protection of Bhoktivedants Manor assets. Thc Estat¢ and Operations Commirtee COE)tinued with its important maintenance and developmcni functions. Of special note is rhat Manor devoiees agreed to engage a well-know planning nSultsr firn4 LD& to help develop a 50-y¢ar plan for the long term devclopment of Bhakiivcdanta mar. The Trustees and the Patrons Council continue to work with the Finance Team to develop a mtre simple and transparent view of the complex fmancial income and experKlinwe of the Manor. The M8norf$ various departments worked hard iowards overall financial stability. both in tenns of cost conirnl and increasitig income Whe possible. As in 2023. this impvcssive efrort has left the Manor in a secure financial p05itioTh. Devotees have d¢v¢loped programs specifically to anrnct th0 who are unfamili8r with th¢ Krishna culture. Every a8pect of th¢se programs. from the tslk to the musiq to the ent¢nainmeni and feas( is th)ne to effectively deliver the aims and objectives of Bhthivedanta Mlnor. A small group of brnhmacharis weni to Liverpwl to ¢stsblish a Page18
Internatlonal sIety For Krishna Conseiousness Bhaktlvedanta Manor Limited Trustees, Report preaching Centre there and have mci wilh grvt SUC¢¢ Many Liverpudlians have enthusiastically engaged in kirtan. Krishna kath4 and honouring prasada. Looking to 2025. Bhaktivedanla Manor plans lo ¢onlinue its trnje¢tory of Browth. wel¢oming visitors to New Gokula. educating students in ihe School of Bhakti, and investing time, energy and talent into MO dynami¢ outreach progr&ms. We also envision a close working and d¢¢i5ion-making Telationship between the Board of Trustees and 115 nvo sub¢ommitttts. i.e. the Patrons Council and T¢mpl¢ Council. And our Ew5yStem to coordinate our many departments is becoming firnily established the benefit of all. DEPARTMENTAL REPORTS EDUCATION S¢hool of Bhakd Purpo$e Th¢ School of Bhakti offers a range of educaiional. spiritual and practic•1 courses and workshops based on the gncient Vedas. They Strive lo develop syslematie preseniations ofthe Krishna conscious philosophy in a way that is accessible to pcople from all backgrounds and walks of lif Highlights ind goals In 2024: Enhanced Ludershlp & Protesses: Krishna Kirthn d&8 and Svnthri Radha dasi assumed leadership, fostering improved efficiencics and stsff operdtions. Expanded Course Offerlhgs: Inffta5d the variety of Courses. in¢ludTng launching the free online "Discove course and a new stsxtegic bookkt for tiered-level courses. Strengthened Commvnlty Llnks: Developed closer ties with sanmeeting group5. SllPPOrting o more integrated community experience. M8Jor Events & Productions: Organised landmark events wch Ihc large4calc drm proaurtion "The Dlce Game" and a Yw's Ev¢ tr11 show. Sw¢¢essfyl Retreat & Strgtegie Inltlative5: Held a su¢¢¢s5ful retrellt to Indil's hoty plac¢5 with KeslAv Swarni implemented new business devetopment plans. 2025 EOAIS: LaA¢h School of Bhekii PToductions, aiming for three theatre produclions p¢r year. Enhance classroom cxpertence aThl sDJdcnt satisfaction through tech upgrades. betteT planning. end volunteer improvements. Expand rea¢h by atirncting new teache applying for granll and collabora¢ing with OmLife and OmNom for OmTalks in Lon(kni. Krlshna Clib Puryose To provide a balanc system of KrishnA Conscious ethution for 4-14 ye* olds in a fvn and infOrn1ve way. Also to leaTn aiM)ut Srila PrnbhupAd&'s le18$ •nd an¢ient Indian culture in a nurturing lTItUal environwL That includes PTayer. key festivals and scripture& The purpose is to invem in community youth in an engaging way. Krishna Club runs every Sunday morning. during sclM)ol Terni time. Page19
International Society For Krishna Consciousness Bhaktivedanta Manor Llmited Trustees, Report Highllghts And goals in 2024: Krishna Club now comprises multiple Clas made of rnany children and teachers. Tailored currlculum: Different teaching MethjS for different age groups-songs and play for y(wnger kids, fornul classes for older ones. and debaslchallenges for tweenslieens to develop PTeaching skill& Bridglng Year & Pandava Sena Llnk: Year 9 students join a transition Parn with kirtan, classes, and service lo stsy ¢onnected to the temple graduate teenagers 8ssist as I¢h1n8 assillants and in technical setup. Optional Clubs: Mrdanga. harnioni Hindi. Guiarnti, and art Claw with plans to introduce a shloka and drama club. Festivals & Sped*l Events: Organized their own devotion81 festivals, hosted special guest speak¢r& and invil¢d all ¢hildr¢n beyond the club for select events. Children tTr)k part in Gits Jayanti CItatIOn and Janmashiami dramas. Parent Engagement: Introduced a morning Class for parents while their children ottcnd sessions. Pre-school Puryose To educate and en¢ournge children aged 3-5 years old in theirKrishna consciousne andThe Early Years F()und8tion standards for Learning and Development. The main Eoals for The Manor PTe S¢hool children are to help the childTen develop their personal. social and emotional. developmenL c0mrnunicatio languoge and litcracy in a safe and fun envir¢)nment. Thry ensure that all staff participate in CPD Continuous Professional Developm¢nt through Hert5 for Learning and the Early Y¢aTS Alliance. Hlghllghts and goal8 in 2024: OFSTED Report "Children develop a deep seme ofbelonging andserde swiftty in engaging learning eHvirnnmenL They bece)me absorbed irt ihe many learning 0pwrfyn1ti ihdi siaffplan around ihis uniqme commun¢ty.For UmpI< children are eager fofeed the cows ihai live th the neighiY)uring building. They enjoy learning about ihe wrious crops ihul grow andhow they are usedwilhin the community.. Dental HeAIth Awareness: A deAtisl vtsited lo check children's teeth and teach them about Ixushing and healthy tIllg. Health & Wellbelng: A dtor ¢xplzin¢d the importanc¢ of (yjthr physical play and spendin8 time in nature. Communlty Festlvals". Parents and children participatoj in wonderful festivals throu8hout the year. Ashram ResldeDt$ Purpose Ashram (monastic) life onsite offers a Spirial foundalion in the forni of a Krishna cons¢ious residential lifestyle with regular morning progfdm attendance and an alm05phere conductve to fOCud spirill1 practice• preachin sharing lationships and opportsjniiies to seTve. Members may b¢ staying in the ashram anhillg from a few days. lo many yeors. depending greatly on personal nature and level of commitment to thi5 way of life. Bhaktivedanta Manor has onsit¢ fa¢iliti¢s for both mJl¢ and fcmal¢ a5hrJm& Naturally accornmodatim. and ny)st aciivitie5 are kept separatee for th¢ different gaxlets. Page 110
International Society For Krishna Consciousness Bhaktivedanta Manor Limited Trnstees, Report Highlights ond goats In 2024: LADtES: Servlee Expgnslon: Tncreasd worn¢n's involvement in projects like the Be a Monk Challenge, Woof¢r5 Preaching Proj¢ct. homKare VISI and Congregational kirtans. Supportlve Envlronment.. Regular Ashram Core Team MeIng5 to resolve conflicts. promote open communication. and strengthen telationship5. Educgtlon & Oufreach: Hosted Veda COUTses, weekly sangas with guest speaker4 seriplurdl disou5sion music sessions, and book distribution. Key Tnitiatives: Organised the Be a Monk Challen8e and ¢ollabOr81 with the Goshala Team on the W¢y)fers Preaching ProjecL SoclAI Media Engagement: Launched the 'Ladie5 of Bhakti, tnsthgrAm p8ge I llbOrnt10n with exrnal dcvotees and d¢paTtsn¢nts to reach a wider audience. Farzn & Tempk Integratlon: The IAdies' Ashrum ¢ollaboTat¢5 with the fann team to offer a combined experience of inteTrctive discussion& question-wHI-answer session4 sred snacks fosiering a joyful and diverse s¢h¢dul¢ for particip1& Wellbeing & Cultsrl Engagernent: They provide yow qigong. and other movement se5sion& alongside sari workshops znd the Templ¢ Chgll¢nge. inviiing volunteers to join the Morning Programme with monks and residents. Goals for 2025 Project Development To fully develop and consolidate th¢ B¢ a Monk Challenge and the Wooftrs Pmching Project. Wellbelng Oppormnlties: PhyslcAI WellbelnE: Create oppOrnitIeS for residents to engage in physical ex¢rcise ai Icast twice a week. Emotion41 Wellbeing- Continue fortnighily on¢-tO-oDe pastoral care meetings. Mtnt81 Wellbelng.. Ensure residents dedicate at least 30 minutes daily to reing. Quart¢rty gshrnm outinES MEN: Planned & Delivered Programs: Taeled Be a Monk challenges. Monk experien¢¢s. V¢da Courses, and Sabbatical prograrn. succwfully facilitating ncarly multiple residential experienc. Ashram Engement. ResTd¢nts purticipateAJ in book distrtbutioll, house pro8roms preachin& teaching, and d¢ity worship. Unlversity Outreath,. Ine&S¢d effons in sharing wisdom at univetsities. New Ashr4m Commitments: Young men commined to residin8 in th¢ ashrnm for a year. Liveryool PreAchlnE Centre." A am h&$ been bosed in Livcrpool since Seplember to ¢ablish a pern?anent pregching centre. Goab for 2025: Irb 2025 they plan to have a strucred ¢eam io infuse spirituality in the youth with a strategic approach. They are also ¢x¢it¢d io launch a new initiativv. Immersive thple experience (tTE) where thry make monastic life more accessible. Try aim io run the same number of courses they ran in 2024 and ro explore different promotional methods with a view of maximising exposure. Page 111
International Society For Krishna Consciousness Bhaktivedanta Manor Limited Trustees, Report CONGREGATIONAL DEVELOPMENT Sangis (Grovps) Purpose Helping Bhaktidanla Manor5 huge community and congregation form groups of friends, facilitating spirittl guidance offered by experienced practitioners of Krishna consciousness. These groups, called &7ngas. are Connected to the Mentorship system (which focuses on local spirilual guidance) which 15 designed to lead up to the various stsges of Initiation (onlination) into ISKCON. HIEhlights #nd Goals In Zl)24 Sanga Consolld4tion: All Sang8 groups (BMF. SB. BV. VCQ mcrgegj under M¢vwr &ngas. managed by a unified S4ngg Committee to ueate a cohesive structure. Stronger Support Network: Area CoordTnatOts Intr0thed support Sanga leaders and improve their collnection with Bhoktivedanta Manor. Better Ihtegrltlon: The new smicture help Sangas all with wkdcr Manor activities whik providing personalised supporL Holistic Member Journey.. The model includes courses {via School of Bhaktii Sankirtan. and volunteering. leading members towards the Mentorship systen EllmlnatlnE Silos: Th¢ transition airned to unify departments, ensuring a WIIatratIve and w¢ll-SUPPOrtcd Sango community. Goals for 2025: Looking ahead. a key priority for 2025 is to develop and roll out a curriculum for Sanga groups that will fo¢vs on 5UPPOrting Ih¢ir spiritual Owth and cultivation. ISKCON Bb#ktivedAnta Mthor Foundation (BMFJ Purpose The ISKCON BM Foundation (BMF) is the main fundrnising congregational care dBpartment of ISKCON BM, It Was established in 1988 with the aim of providing a sound financial base for ISKCON Bm's projects Bnd activities. It h&$ been jovially declared the BMF not only stands for Bhaktivedanta Manor Foundation. but it Can olso mean Be My Friend, and even Births. Marri8g¢s 0j Funernls. Indeed ihis department oversees and oft¢n fa¢ili18tes the Social and cultsnl needs of the Manor's hu8e Conwtil. Hlghllghts and goals IM 2(124: Sunday Love Feth Progrnm: Continues with momentum, now Shad wilh the School of Bhakti, off¢ring kirtan. classe4 perf0mllets Ar a vegetarian feast to deepen 8u¢sts' Krishna ¢onsciousne&s Perience. Admln & Volunteer Support: Incred assistanc¢ and training needed for BMF admin sthff io manage the ¢onlacts datsbas¢. mail¥outs. 4nd opcrdlion& Pllgrimage & Fesilvils.. BMF organised retreats to holy pla¢¢s in Irmlia for Patron families and pltty¢d a k role in festivats like Sankranti and the book distribution marathon. Glta Jayanti Event: Held on 28th D¢c¢mbw with community Participatio Sanskrit recitstion. rnusi< a fi c¢runony. and the sponsorship of thousan4Js of Gitss for frEe distribution. Funerats & Memorlals: A devotee serving gs a Funetal Director support5 both ISKCON and the wider HiThlu community. offeTing prnI and liaising with key figwe5 in th¢ HiThlwlndi8n community. Page112
International Society For Krishna Consctousness Bhaktivedanta Manor Llmited Trustees, Report TEMPLE AKD VtSlTORS Worship Cenlred aTound th¢ bul1fuj Deities in the tetxplc room shrine. the daily worship progrdmme altracis many guests. The Deities aTe the spiritual heart-beat of ihe Temple wmmunity and WOTShip is organised by resident monks and senior congr¢galion memb¢rs. FSKCON BM maintains a very high srandard of Deity WOTship which continuglly ttracts many visitors. The shrine can aptly be called the spiritual heartcat of the entire project. Festivals And the Festlval Committee (F.C) Puryose The Festival Commitlee IFQ has the challengtng thsk ofucating wonderful expcrien¢es for tens of thousands of pilgrims every y¢ar- who come from far and wide to visii the Temple. The team plans. manages and delive five main ftIvalS ¢a¢h yeAr (Gaura Purnimo. Holi, Ramana*un4 Suvimer F¢sl (Holi). Jawnash&7ml. Diwali). It also plays &n important role in a number of Thller celebrations onsile. Highlights and goals In 21124: Improved Acce55lbility & Sustsloablmty.. Introduced shuttle services aT)d a transport hub to reduce car Usage and carbon footprinl. SuttessfDI Publk Trnn5PQrt Shift: MO pilgrims used publi¢ tsan5porL easing congestion and parktng stre$5. Enbanced Vlskor Experlen¢e". A Tmd licketing sy5th reduced wait time& ensuring srnoother movement and a stress-free pilgrÈmage. Eco-Frlendly Dlwali Celebrations: Replacd fireworks with an interactive 'DÈwali Trnil. fe4rtng illuminated displays. storytelling. and culra1 ptrforn?anc¢s. Increased Community Engagement.. Many thousands att¢ndee5 JOyed the sumainable Diwali Trnil. maintaining the festival's vibrancy. Go419 for 21125: Immeryive Ramnavami Tr4ll: Visitors journey through the life Virt of Lord Ram-son, brother, husband, friend. and king-via interdctive Mation5 Set along for path& Springtlme Theme.. Emphasising renew81. spirituol gTDwth. Ind unity. the trail hithlights key figur¢s and lessons from Lord Ram's life. Culminating Lake Festfval: The exp¢rien¢e ends with a celcbration by the lak< blcndiTrg spirituality, education. and Itural enri¢lun¢nt for a memorable 2025 Ramnavami. P¢rformances- BhaktlvediDts Player5 drnma group Purpose Bhaktivedants Manorfs main drama trw¢ aims to ¢duGate and inspire its audtenc& It brings 5criptwes to life and provides a unique Servi to th¢ comrnunity and 8en¢rnl publio Play5 are Perform 8t all the temple'$ public festivals. as well on special days in th¢ traditio across the UK and beyon(L &)d at vari¢)us other annual events. Pa8e113
International Society For Krishna Consciousness Bhaktivedanta Manor Limited Trustees, Report Hlghllghts and goals In 2024.. Suecession Planning: With key Bhaktivedanta Players legders oveT age 60. empowering younger generations became a priority. Youth Drama Group: Bhoknivedanla Players was ¢stsblished in 2024 to nurttw¢ the next generation of p¢rfortneTS. Dual Performanea: Whik the adult team perfornKd at rcgular temple ftstivals. the youth group also took part as a support aci or in separate time slots. Global Outreaeb.. The Dir¢ctor and other member5 travelled w ISKCON centres in Mauritius. SwedN and France io perfomt train. and inspire local voluniee Su$talnlng Legacy.. Efforts were focused on ensuring the long-term fulure of the Bhaktivedanti Players through youih engagement and intern8tion81 collaboTation. Goals for 2025: 411th AnnfveTSary Cclebration.. In 2025. the Bhaktivedants Playerfr-one of the Manor'5 Ion8est-serving departments-c¢l¢brale four decades of enriching pilgrim experiences through dram8. Commemorative Articlfs: A s¢ri¢s of publications will 5POtlight their iniemational tours. prominent productiOll5, influence on Childre fvtUTe vision, and include inierviews with actOT& Speclal Event: PlaTrs ore underway f0radedil¢d '40th anniv. day ofperforni8ntts at the end ofmay. Volunteers Purpose The Volunte¢r Care COU11 (VCC) was established as 4 Vital part of ISKCON Bws pmgrdrn to h¢lp look ifter and oversee th¢ hugely growing numbers of Yolunleers. This lays the foundation for a Temple that in return. gives the best spiritual support to all who corne through their door& Volunteers are engaged according lo a non-bindinB volunteer's a8reernent and covettd und¢rthe chTity' insurance and have kn abide by the chgTity's policie5 WMI pn)¢¢dures. Highllghts And goals in 2024: Enhaneed Volunteer Tralnlng: Online annual training was highly suc¢¢ssful. with m05t of Janmashlami 2024 volunteeTS completing it. Orientation sessions impToved awarcness of mle5 and responsibilities. ID¢reAsed Volunteer Engagement". Thousand5 of volut)Icers served at Janmoshtami 2024. and regular Contributots to Tunning lh¢ Manor and 115 events. Stronger Communlty & Welfro Support.. Welfare calls dewed rclarion5hips with volunteers, leading lo the ¢10n of five Sdnga 0up5 for regular volunte¢ts. Interdepartmental Collaboration: Worked with the SchrK)l of Bhakti on volunteer training, integraiing thcir volunl¢¢T5 inlo the Mar Volunieers database and thousan(ts of cookies were baked to support the December book marathon Sankirtan team. Growing Youth Plrtklpation: Mor¢ yowg people now volunteer through th¢ Duke ofEdinburyh Award scheme. Goats for 2025 Corpornte Seva & Epgagementr. Introduce corporate seva dAys at the Manor, inviting companies to serve and s¥pport comrnuniry pmjec Volunteer D¢vtltyment & Training: Provide team Icader training and develop Janrnashtsmi volunieer orientatnS, ensuring smooth and effective seTViC¢ coordination. Page114
International Soclety For Krishna Consciou$ness Bhaktivedanta Manor Llmlted Trustees. Report Supportive Structures & Safety.. Strengthen volunteer en8a8ement through istaghostis and sangas. and implement risk assessments across all service area& The Devotee Care Off1¢¢ This new depanm¢nl has been fornied to help ensurc thal member of the Bhaktivedanta Manor community SpiriallY happy. maleriolly well-siluated and embedding the w)sitive culture of care, helping one-another especially th¢ more vulnernble. one of the ¢8Tdinal prin¢iple5 given by th¢ movement's historical spiritual tVd¢heN With a growing and aging community and congregation, the ne¢d for a department of this nature has gwn particulaTIy nttes5ary. Highllghts and goAts in 2024.. The l¢adu5 include Dr Sanjiv A8anval. Manager Hemangi Radha d&si. and Secretary, Szraswati. Volunteer & Inlllatlve Growth.. DeVelod mgny proL%dure5 and initiatives. with a pool of muiliple volunteer5 5UPPOrting various projects. Support for Over 505.. Friendship Group for swial engagement and Yanaprostha Group for s¢ripturol discussions and guidanc M¢AI$ QD Wheel$.' olat¢S five days a week. d¢liveFing meals to vvlnerable individuals across South West Herttord5hire, Greater London. Surrcy. and Bedfordshire. Devotee & CommuDIty Care: Collaboration wtth Pastoral Care. social services, ISKCON London, and alternailve therapy provider5 to offer support in housin& rnediatton. bemvement. and health. H1th & Wellbdng Festlval: Fcawred talks, activities. workslws. aTMI local tharity collaborations to promote healthy living and community supporL Plans for 2025 Annual Devotee Care F¢ Friendship group for Srila Prabhupada disciples End of Lif¢ 5pirittrnl support trdining and chaplaincy for volunteers m¢ntors ond Bkta Vrksha groups and c•r¢ homes OlREAcH Frlend$: Krlshnzd Wi¥doJ Puryose Krishna Wisdom helps make Krishna consctousness accessii Trle to those who are new to th¢ philosophyj culture And practice in a fun and innovativeway. It also aims to provid¢ on-goingnourishmenl and inspire growth and commitment to pr4¢tic¢ Krishna Consciousness foT those members. Hlghllghts and goa15 In 2024 Mystlc lndla Trlp: Organised an annual pilgrimage to sacred si. including KurukshctrA. Rishik¢sh. Bathinath, Valley of Flowers. and Shivpuri. Chrlstm4s SOMI Expresslons: Hosted a festive edition of Soul Expr¢ssions with kirtan, meditation. and sloryielling, fostering community spirir. Wellbelng Retrr4t: Organised a r¢treai attended by Iwndreds of guesty nuny of whom visited the temple for the first time. Pa8e115
International Society For Krishna Consciousness Bhaktivedanta Manor Limited Trustees, Report Weekly Onllne Sesslops: Hosted 'Mind Bty &wl' evay Tuesday. featurin8 mantra meditation and Bhagavad Gita wisdom. Wisdorn Wtyjnesdays: Weekly in-peTson gath¢rings with d¢volional music philosophy association, and vegetarian food. Plans for 2025: Community BuildinE: FOerIng genuine friendships and cmpowering members through meaningful connections. Satsrday Funcilons (from Sprlng 2025).. Off¢rin8 yoga r¢trcats. marfrd meditstioN cow and nature experience& and resilienc¢ workshops to nurture body min(L ond soul. lTrdÉa Retreat: Plonned visits to Delhi. Jaipur. Vrimdavan. aT Kathmandu for a deeper culhlral at)d spiritual experience. Book Distributio Purpose To distributc Siila Prabhupttda'5 books all over the UK in a variety of dynamic and ¢ff1ve way5, inspiring people to share Krishna Consciousnw and help people who received the ix)ok$ lo take their r¢ sleps in spiritual life. Every December ISKCON devotees around th¢ world make 8 special effort to distribute Srila Prabhupada's books widety as possible, for the spiritual benefit ofsociety. The profound teachings of Krtshna Consciousness are distribuied by devotees in many different W8y& and the majority of pwticipants we memlw of community4ased groups that PToa¢lively preach. Higbllghts and goa15 2024: Varied Book Dlstribution Methods: Trdvelling parties on high strects. mini sttttt f¢stivals with kirtan. door-to-door outr¢a¢h. e7]gaging existing contacts. Supernrket tAble& aTMI on-site sales at the Manor. New City PreY4¢hlng Centre: Since late Sept¢mber, monks have set up a pernMn¢ni b35e, travelling into the city centre to rnn gazebos and book tables. Annual Winter Book Marathon: From I to 24 December,thecommunity makes aspecial effort todistribute books in honour of Srila Prabhupad& 2024 Objeetiv¢: Aiming to 'kno¢k on S1,IJX) doors.. vknich was achieved Includin8 street interactions-resulting in fewer overnll book5 bui deeper, more personal engagement. Youth Involvement & Fouow-vp: Many children participated, Iwo followryup evenis took plac¢ at the Manor. and thousands of cookies distribuied throughout December. Go81$ for 2025: Incorporate Hwi Nama processions in Livwjool city centr Or8anise Food for Life pmgramm¢s w serve the needy in the local community. Youth: Krlshn Consclousnus Universlty Soeicties Ind ISKCON Pandv Purpose ISKCON Pandava S¢na ('PS'), established In 1994 at BltiVeIl Manor. hosts university PTogramr inl¢rnational retreats, socials. knrtsns and mu¢h more aimed at interested people aged 8 - 25. For older members Page | 16
International Society For Krishna Consciousness Bhaktivedanta Manor Llmlted Trustees, Report attending university, there is a natural working relattonship with the Krishna Consciousness University Socieiies (KCSo¢s). Highlights goab In 2024: Busy FlnAI Quarter.. School and university projects (SNU Project X. KCSOQ grew significantlyp alongside the wtnter marathon and annu81 mentorship trip. New Inldatives & Trlps: Proj¢cts strong. new vcnfttres launched. and upcoming trips quickly sold out their earfy bird spAce& Onllne Presence & Everjts: Revamped KCSOC and Psena websites. plus Tr)table gatherings likc th¢ Doy Retr¢aL Commun5ty EllgAgemenL. Empower eve4rt Srila Har1d Thakurn's teachings. IUSE (Boys. House Pro8fdmme) and weekly Pswtddys brought the community iogether for service at the Manor, including support ftjr major wents like th¢ Patrons, Gathering Govanthan Puja Annakut& PS Flmlly Projeet: Each team is paired with a PS alumni family• creating a supportive network through kirtans. prasadam. and shared ins18hts into a Krishna conscious lifestyle. 2025 plans: DhArma Inltiatlve: A project d<%ignsyJ to ¢mpowu the next genwalion by connecting students and yOg professionals with 8uidan¢¢ from SCesSful patrons. Summer Youth Trlps", Senagdaway (16+) in Sw¢den and Evolv¢ (11-16) in LioInShirC have been launchal. offering immersive experierKes for young p¢opl¢. KCSOC Successful Fre5hers Engagement: SUCC$fill]Y signed-up many sfvthnts 41 fr¢sh¢TS' fairs nationwide. boosting KCSOC'S presence among university students. New Chapters EstAbltshed... Brdnd new KCSOCS have been launched in Oxford. Kcelq and Nottinghgm. with plans foT furtheT expansion. Flagshlp Events: Cambridge KCSOCS event with HH Keshava Maharnj fiagship even¢ and the Midlands KCOCS h¢ed their inaugural flagship KirtsTr event. Publ1¢ K1rt4ns Purpo Public kirtan events allow evayone to experi& the pleUre of chanting KriSh'S names. Pro¢essions outside of Ihe Temple create awareness of Ha Krishna devotees and en¢ouTage m¢mbers of the public io spiritually benefit. learn more a[ visit local temples. Durin8 and 85 part of such processions. often books and leaflets eic aff distributed. Hlghlights and goals ill 2024: The team expanded their outreach in 2024 by visiting towns al im)UghS within a Tadius of Bhaktiv¢dgnta Manor. inryeasingly ventyring into London suburbs. For spring 2025. extra Hari Nama5 are planned three days a week in locations around Gre8teT London, Northampto and Chelmsford. Page117
International Society For Krishna Consciousness Bhaktivedanta Mydnor Llmlted Trnstee5' Report CommunicatioDs1 Pllbli¢AtMb Purpose This area of Bhaktivedanta Manor WOTks to mt¢ and sustsi# favouTable and honest relations and environments with ¢x¢¢rnal audtence4 so that ISKCON as a whole may be better understood by all parts of society as a growing and diveTse religious communiry. Signific8ntly the CommuTricalions team looks to ensure that ISKCON Bhaktivedeattta Manor's SpErEtt rnsage is both practical and relevant in the nteMPOrary world. Every year they attend a wide variety of local and national event& representing the society. This in¢ludes working with the wider Hindu community, academic& the medi& In1f1th events and lo1 functions. They also host many special guests to the Manor'5 annual publi¢ f¢stiv81& at other time There are also OT]-going publicati5 community new51ettu4 annu81 ma88zine5 and eVet¢S ISKCON'S presence on social media, which is maintsined by volunteers. Bhaktian14 ManLY'S social meAi4 outl¢ts ]lde. Facebook.. Youtube.. Instagram: Youtube LiveStr¢am: hitps:Ihvww.facebook.eothktivedantamanor https:IlwwW.yoube.coM1uSeT/Bhaktived#ntaMan0r hrtPs."Ilwww.instagram.comibhaktivedants manorl Jlwww.voutllbc.comluscrnA ¢xoTdin Hlghllghts and goa15 in 2024: CommunlcAtlon$ & Coll%borAt6on'. TransfeTr¢d r¢spMsibility for the Communications Operations team overseeing invited guests at ftstivals. fo1n8 ¢loscr link5 with the Volunteers Care Council aftd Festival Committee. High-PTofile Gvist Engagements: Welcorned special visits frorn notable figures such as Revd Dr Richard Sudworth OBE and Rev'd Canon Will Gibb4 who ¢ontributed to me8nin8fv1 discussions on pastornl care and environmentsl initiatives. InterfAIth & Pxrllamentary Events: Participated in 8n Interfaith Week event at St Albans Cathedral and held th¢ Wom¢n'sFaith Forum in PaAiamenton Hate Crime Aw8renes4 fostertngcomrnunity understanding. Promlnent Diwall Celebratkins: Devotees led Diwali eThts across Londo including the vibrant Diwali in London (DIL) in Trafalg8r Sare aTh4 Ceremonies at pre#igious venues like ¢k House oecommons and Number 10 Downing Street. Nadonal Enggement.. ISKCON Bhoktivedants Manor was wresented at high-level gathering5* including 8 breakf&%t host by Sir Keir StaTm¢r with faith leadcTS VaTiOUS traditions. Publl¢atk+ni Throughout 2024 there wer¢ monthly E-New51etters (E-zines) which Teachoj thotssands. Pa8e118
International Society For Krishna Consciousness Bhaktivedanta Manor Limited Trustees, Report Hlghllghts and goals In 2024: Diverse Prlnted PublletloD$: Released an annuat Janm8shtami Magazine. Vyosa-Puja Community Offerings Bwk. 2025 C8le¥hdar. updated Patronship Booklet. event PosterSign& and a new publication of Srila Prabhupada's Krihna.' The ResepvoirofPleasure to portray the Manor &4 a ¢entre for learning 5ervic< sharing. and community. Enhanced Dlgitsl Communlution: Complem¢ntcd the print materia15 with a monthly e-newsletter, a Teglllarly updated w¢bsit< and frequent WhatsApp updates in the Manor Community Group. 2025 goals: Continue with the publications and updates that arc on80in8. well as push out more conni b&4ed on the Monihly Challenges as in the 2025 cala)dar. encourdging the community lo gel involvgj and develop their spiritual life. COWS, FARMTNG AND THE LAND New Gokul dalry farm Purpose New Qokul 1$ ISKCON BM'S &iry farni and visitor h•ve a mixed herd of 60 anim4 ¥ome of whom givc milL some who are working oxa4 s¢)me ale rtired or in their childhood. It 15 Britain's forcmost centre of cow protection and WOTking oxen. Fify-ihree acres of land b¢longin8 to Bh4ktived•nta Manor is designated for eow, oxen and bull grazing. Highlights and goals in 2024: Expanded Cow Hospffital: Extcndd barn5 to accornmodate more cows needing medical Ca. Record Ox Hours: Achieved the highe ¢v¢r ff¢Ord ox-working hours at the Manor. Innova¢lve Donor EnEagement.' Sending personalized videA)s to online doIrS, fe?ring their names while feeding cows. significantly boosted donatio. New Additlons & Activlties: IntroduceAI thTte miniaturc z¢bu5 for public inleraction and continued the popular ox parade from 2023. Training & Renovations: Chief herdsman enrolled in an environmental mana8em¢nt course. and the WWOOF membcrg living room was Tenovate(L Go15 for 2025: Expand programs for children and new audi¢nces• wially with zebu cows. Increase ox-working hour Organize another summer ox parad Hortteulture Purpose The horticulwral side of Bhaktivedanta Manor grows v¢getabl¢s. herbs and fruits to promote a healthy. eco-friendly diet. It is b¥sed at'Holland Fami.. which is placcd at the opposite side ofthe Manor's 78•acre estste. About 8 of those acres are specifically dedicateAI to horticulture. Page119
International Society For Krishna Consciousness Bhaktivedanta Manor Llmited Trnstees, Report Many of the younger generdtion are come forward to volunteer at Bhaktivedanta Manor. Som¢ of theTn are coming Simply to serve the community. others for work experience, and some are taking part in ih¢ Duke of Edinburgh programme. MOSL however. enler via the Worldwide Organic Farniing (WWOOF) scheme. Also on sit¢ ore greEnhou5es dedicated to the sacred Tulasi plant. Their leaves 8re used in for offerings to the Temple d¢ities and Potted plants ar¢ part of Ihe morning PTO8r2m of worship. Hlghligbts and go415 In 2024: Dlverse Crop Produ¢tlon: In 2024, th¢ farn) cultivated a broad range of vegetable& including potaioes, tornatoe5, cauliflowus. green bean4 bell peppers. and various lfy green5. Communlty Engagement: Volunteers. menloTship groups. and Krishna aub children partieipatd in all stages of horticultyrfrorn potting to harvestingainIng hands-on farniing experience. Wlder Community Support: Multiple communities contributed time and resource& indicating broad cooperntion and enthusiasm for the farniing iniiiatives. Upgr8ded Facilltles.. Old cardvans at Holland Farm were replaced with two Dew units, and three new shower facilities were Rdded. improving Volte¢rand worker amenitie& Sustainable Fttrmlng Prnetites.. A new drip ilga110n system coveTing three acres utMl¢r5cores the commitm¢nl to water conservation Ond eco-friendly agriculture. Coa15 for 2025.. Holland Farni will continue to be the favourite location for volunteering by inteTnatioftal trnvellTng volunteers via WWOOF. The farni no kinger epts indepewicni volunteers fr(Xn Outside the community. as the MpromIseS th¢ vetting process. Gardens and Estste Highlights And gools In 2024: Gretnboll System Upgrade: The automated h¢atin8 and ventilation system in thcTul8si Greenhouses wa5 d¢¢m¢d unviable. with plans ro instsll a n¢w sysm by the ¢nd ofwinier2024 that allow5 for manual window and heating control seasonally. Enhan¢ed Aecessibli ity & Wter Features: The i>arikram (n*ditatio{) pAth along the driveway officially opened. designed to wheelchair and buggy friendly, and a rainwateT-f¢d water pipe has be£n fitted lo Ihe loke to sustain the waterfall along the Bhagavat-gita walk. Lakt 151And Improvements: Work on the i51and in the lakelxgan. including the insthllation ofa Mahavishnu Stse and the estsblishment of a n¢w Japa Garden with a(klitional sthtues. Garden Refreshment: Plant flower beds around the Haveli hav¢ been refresh¢& and large wooden flower box¢s ha been add¢d to the geogrid field farni. TuEasi Greenhouses. and the area near the temple Toom window George Harrlson Girden Update: A new lay¢r of grnvel, using specifi¢ 51one to preserve tk ori8inal design, has been laid in th¢ G¢or8e HaTTiSOn Garden 2025 goa15 Further develop ihe featuKs around the lake. including the islarf with added ¢leaning and debris removd. Enhance ihe Japa Garden. Extend the parikram path arouThJ the cow fields aTrJ growing fields. Page120
International Society For Krishna Consciousness Bhaktivedanta Manor LAm6ted Trustees, Report Fundraising We aim to raise funds for our charitable objectives r¢sponsibly and transparently. W¢ want everyone we internct with to feel they are infomed and free from undu¢ influence when they consider donaiing. In p8rticular. this includes anyone who may be in a temporary or pernunenl vuln¢Table stste and unable to mak¢ an infO¢d decision about giving. W¢ Strive to athcre tr) and meet th¢ slandard5 in the Fundraising Regulator's Code of Fundrnising Practice. We imbibe these PTinciples acr0&4 the charity including both stalTand voluntcS who fundT8ise for us. We did not engage any professional fund-raisers or comrnercial participators thring th¢ year. Where we fall short forwhafrver reaso fijndraising related complaints can be lodged via th¢ webstte and are handled appropriately by our Bh?ktivedanta Manor Foundation team. Bhaktivedant8 M8nor Foundation would thoroughly con5iderevery complaint with the aim of learning and improving from such feedback. This ensures complaints are centralised. our standards remain high And we tr¢al our supporters fRirly. In 2023. there were no complaints logg¢d in respect to fvndrdising with the charity. we are not part of any voluntary Tegulation scheme. W¢ are committed to mainEaining hith Stsndard& so we clolY follow sector guidance and best practice. including guidanc¢ from the Charity COMMI10 All fvnds raised through volunlary donations are 1Ved either onsit< via our web5iK from outreaeh tivitieS e.g. distribution of spiritual Illerare5 at evenOn the stre¢tlto various organisatÈon& ongoing pptronship programmes OT festival appeals and direct mail. Direct mail 15 co-ordinated and revi¢wcd by our Bhaktivedants Manor Foundation te8m to ensure it is relevant and not unrea5cfflably intrusive or persistent We are very humbled andgrdteful for the 5UPN)rt owcommuntty membersprovide whethvthat is financial, Rsources. lime or spiritual- our dear Srila Prabhupada is surely pleased by our individual and collethive efforts to push on this rnost valvabk Krishna Consciou5nes5 mov¢meni for th¢ benefit of all. Financlal revltw: The charity reported a net income of £1201,653 ftir the year ended 31 tkcember 2024. compar¢d lo £1399,150 ftir the previous Yr. Included in this yearfs figure is 8 riet expenditure of£ 105.810 that was restricied for specific purposes, as compared to a net expoltUre of £14,195 restricted for slf1¢ purrN)sw in 2023. The reduction in the net income compared to th¢ prcvious year is primarily due to the increased expenditure by th¢ charity. particularly in the w5t of raising fill The net assets of the charity hw¢ increased frnm £13.635.087 to £ 14.836.070. Resorvcs A5 of 31 D¢mber 2024. the eharitys nstriCted general re¢$ stand ai £1.249,388 compared to £1.401,700 in the prior year. The charity ha5 designated genernl fimds of £3221.18412023.' £2,269,628) for specific futur¢ projects and requTrements. os explained in note 19 of these financial statemrmt& These projects and requirements will fiher help the charity to meet its charitabk objectiycs. Restricted rcs¢rves lmounied to £ l J11647 (2023: £1.418,457). Page121
Internatlonal Society For Krishna Consciousness Bhaktivedanta Manor Llmlted Trn$tees' Report The ttustees aim to maintain a robust level of unrestricted funds to meel the future funding r¢quirements for th¢ charity's ongoing activities. The charity anticipates ulilising ihes¢ reserves to matjage increased cash flow penditttyes and to rnitigate p055ible reductions in futtre th)nèiions. EXpted outflows are set to rise due lo increased haritable activities and prevailing inflationary pressvres. Paee122
International Society For Krishna Consciousness Bhaktivedants Manor Limited Trustees, Report Referenee and Adminlstradve DetaiL% TnTStees Mrs J Gri¢ss¢r Mrs P Naysmith Mr K C Patel MTNBGor Mr S K AgaTwal Mr W J M Flcming MrDKPa SetretAry Mr. N Bashir Prlnclpal and registored oifKe Dh?rom MaTg Hiifield Lar Aldenham Wafford H¢rtfordshire WD25 8EZ Company Re2iStration Number 08300433 Charity Registration Number 1157877 Alldltor KNAV Statutory Auditois Hygeia Building Ground Floor 66-68 College Road Harrow Middlesex HAI IBE Page123
International sIety For Krishna Consciousness Bhaktivedanta Manor Limited Trnstee5' Report Dtsclo$ure of Infomatlon to auditor Each trustee has iaken steps that th¢y oughi have taken as a truee in order to moke themselves aware of any relevant audit inforniation and lo estrblish that the ¢haritys auditor is aware of that infomiation. The trustees confinn that there is no rclevani information that they kN)w of and of which they know the auditor is unawart Reappointment ol Audltor The auditors KNAV are deemed lo be reappointed under Secti 487(2) of the Companies Act 2006. The annu81 report was aPprOd by the of the charity on .... ... .. on its behalf by: ..and si8ned Mr K C Patel Trustee Page124
International Society For Krishna Consciou$Dess Bhakllvedanta Manor Llmited Statement of Trustees, Responsibllities The trustees (who are also th¢ dire¢tor5 of Int¢rnguonal lety For Krishna Consciousness Bhaktiv¢dant8 Mar Limited for the PUTposes of company law) are responsible for PT¢paring the financial statements in accordance with the United Kingdom Accountin8 Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law ond gUlationS. Company law requires the trustees to prepatr financial statements for eaeh financial year. Under company law the ITusiees mu51 not approve the financial statements unless they are Satisfied thot they give a true and fair view of the stai¢ of affairs of the charitable company and of its ineoming resollrces and application of resources, including its income and exPeIlture. for Ihat lOd. In preparing thc5e financial slatements, the Irustees are required to,. select suimble accOnting p)licies and ¥ply them ¢oThsistently. observe the m¢thTrJs and principle5 ITh the Charities SORP- make judgements and e#imates thal arc reasonable and pnKI¢ State wh¢th¢r applicabl¢ UK Accounting Standards have been followed. subject to any material departures disclosed and explained in the financial 21tMents. and prepare the financial ststemenis on the going ¢onc¢rn basis unless il is inappropriate to presume that the charitable company will continue in bwsin¢s& The trustees are r¢sw)nsible for keeping adquate accounting r¢cords that are suffictent kn show and expl&in the charitsble companls transactions llnd disc105e with re&sonable accuracy at any tirne the financial position of the choritsble company and enabl¢ them io ensure that the financial statements comply the Companies Aci 2006. They are also responsible for safeguarding the assers of the Charitsble company and h¢n¢e foT tsking rea50nable steps for th¢ prevention #TMI dekction of fraud and other irregulariti¢s. rt./07./2025 Apprnved by the trustees of the tharity on ...... . . .. . and sI¢d on its beh&lf by., Mr K C Patel Trustee
International Society For Krishna Consctousness Bh2ktived4nta Manor Limlted Independent Auditor's Report to the Members of International Society For Krfshna Consclousness Bhaktivedanta Manor LSmited Oplnlon We have audited the financial statements of International SLKiety For Krtshna Consciousness Bhaknivedanta Mar Limited (the '¢harity') for ihe year tled 31 December 2024. which comprise the Staiement of Financial Aclivtlies. Balance Sheel and Notes to the Finan¢io1 Ststement& including a 5umrnary of significant accounting policie5. The finon¢ial reporring framework thai has ien applied in their preparation is United KinEdom Accounling Standards, comprising Charities SORP - FRS 102 Thc Financial Reporting Standard applicabl¢ in the UK and Republic of Ireland. and applicable law (United Kingdom G¢n¢rally Accepted Accounting Prnetice). In our opinion the financial siatements: give a true and fair view of the state of the chori$ affairs as at 31 Decembcr 2024 and of its incoming resources and application of Y¢sources. including its income and expeThlitUTe. for th¢ y¢8r th¢n Mded: have been properly pP9Ted in aecordanee with United Kingdom Genernlly Accepted Accounting Practice. and have been Prepared in accordancc with the requirements of the Companies Act 2¢))6. Basls for oplnion We conducted our a11 in accordance with Inttrnational Standards on Auditing (UK) {ISAs (UK)) and Applie&bl¢ law. Our responsibilities under those standards are fvrther d¢Sibed in the Auditor's responsibilitie5 for th¢ audit of the financiol statements 5ec¢ion of our rep)rt. We are ind¢p¢nd¢ni of ihe eharity in accoTdance with the ethical requirementsthat are relevantto ouraudit ofthe financial statements in the UK induding the FRC'5 Ethical Stsnd8rd. and we have fulfilled our other ethical r¢sponsibilities in accordance with these requirements. We believe that the audit evide¢ we have obtained is sufficient and Appropriate to provide a basis for our opinion. Basls for oplolon In 4uditing the financial stamenw we have concluded that the trustee¥ use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the WOTk we have performed. w¢ have not identified any material uncertainties relating to events or conditions thal individually or collectively, may c&8t Si8nificant doubt on the charity's ability to CQDtinu¢ as a goin8 concern for a peTiod of at least twelve months from when the original financial 5tstements w¢r¢ authorised for issue. Our responsibilities and the reswnsibilities of the ttustees with res to goin8 cown are described irL the rclcv4ni sections of this reporL Other Informgdon The tru51¢¢s JT¢ responsible for the other tnforn)Ation. Th¢ other infonnation comprises th¢ infornwtion included in the annual repo¢ other than the financial statements Ond our auditor's report there<JD. Our opinion on the financial Statements dou not ¢ov¢r the other infomiaiion and, exc¢pt lo the extent otherwise explicitly 51aled in our rq)orL we do not express any forni of assurance conclusion th¢Teon. Page126
International Society For Krishna Consciousness Bhaktivedanta Manor Limited Independent Auditor's Report to the Members of International Society For Krishna Consciousness Bhaktivedanta Manor Limited In connection with our audit of the financial ststements, our Tesponsibility is to read the other inf0mtiOn and. in doing 50, consider whether the other inforniation is materially inconsisient wsth the fffian¢ial stslemenis or our knowledge obtaind in Ihe audil or otheTWiS¢ app¢ars to be rnat¢rially misstated. If we ideniify sh material inconsistencies or 8PP4Teni maierial misstsl¢m¢nls. w¢ aff required lo d¢l¢rniin¢ wh¢theT th¢r¢ is a mal¢Tial misstatement in the financial ststement5 or a material mis5tatcmcnt of the other infornwtion. If. based on the work we have perfomie& we conclude that there is a material mt55taternent of this other infoTm8tiOT4 we aTE required to report that fact. We have nothing to report in thts regaThL Oplnlon on oth¢r matters prestribed by the Companies Act 2006 In our opinion, based the work underfakrn in the coun¢ of th¢ audii: the inforniation given in th¢ Trustee5' Report for the fin¢11 year for which the financial statements are prepared is consistent with the financial statements- and the Trusl¢¢s' Rq)ort has bccn prepared in ateordance with applicable legal requirnnen M%tters on whlth we are requlred to report by exe¢pttoD In ihe light of our knowl¢dg¢ and und¢rstsThAing of the company and its environmen¢ obiained in the course of the audit, we have not identifled material missiatements in the Trustees. Report. We have nothin8 to in Tespect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion: adequaie ac¢ounting records have not been kept, or returns athquate for our Audii haye not be¢n reccived from branches llot V15iid by us. or the fingn¢i81 staternents are not in agreement w?th the accounting records and rthirns.. or certain disclosutts of tnle¢S rcmun¢rdtion sp¢cified by law are not made; or we have not Teceived 811 ihe information and explanations we require for our a11. Responslblllties of trnstee5 As ¢xplain¢d more fully in the Stsiement of Tntsteeg Responsibilities (sci out on pa8¢25). the truste¢s are r¢sponsiblc ftir th¢ PraratIOn of the financial statements Mnd for Ixing satisfied that they give a ttve and fair vicw. and for such internal control as the tnAste¢s deterniine 1$ necessary to enable tk pryrntion of financial stst¢m¢nts that ar¢ fre¢ from m8*rial misstst¢m¢ni. wh¢ther due to fraud or ¢Tror. In preparing the f5nancial Sthtemen the trustees responsible for assessing the ¢hHriWs ability to continue as a going concern. disc105ing, 0$ Jpplicablq mattcTr r¢lat¢d to goiDS nC¢M Jnd using th¢ Eoing ¢on¢ern basis of accounting unless the trustees either intend to liquidate the ¢haTity or to ce4s¢ opcrntions. or have no reall1¢ alternative buf lo do so. Page127
International Society For Krlshna Consciousness Bhaktivedants Manor Limlted Independent Auditor's Report to the Members of International Socfiety For Krishna Consciousness Bhaktivedanta Manor Limited Audltor's re8POth8lblliti¢s for the Audit of the fiDaDcial stst¢metyts Our objectives are to obtain reasonable a&surance about whether the financial ststernents as a whole are free fiDm material misststemenl whether due to hud or enor. and to issue an auditor'5 report that includ¢s our opinion. R¢asonable 8ssuranc¢ is a high level of a&surance. but is not a guarnntee that an audit conducted in accordance with ISAS (UK) will always detect a material misstaiement Wh it exists. Misstatements can arise from friud or error and gre ¢onsidcr¢d material if. individually or in the aggregate. they could reasonably be expect to influence the e¢onomic decistons of usets tsken OTh the b&sts of thc5e financial ststements. Extent to whlch the audit was capable of detecting irregularities, including fraud We desi our pnjcedures so &$ to obtain sufficient appropriate audit evidence that ihe financial statements are not materially misstated du¢ io non-compliance with laws and regulations ordue to fraud or error. . We are not responsbi le for preventiTig non-compliance and cannot be ¢Aeted to detttt noncompliance with all laws and regul#tions- this responsibility lies with management with the oversight of the Trnst¢es. Based on our und¢rstsnding of the ChaTity, discussions with managemenL we identified Companies Act 2006, the Charities Act and Financial Reporting Standard 102 as havin8 a direct effect on the amounts and disclosuTes in the financial ststcments. As part of the engagement teAm dT5cussion about how and where the chIty'S financial statonts may be ma¢erially misslated due lo fraud, we did not identify any areas with an increased risk of fraud. Our audit prncedures included: ' wuiry of mAnagem¢ntNboutthe Charity's policie& procedu[¥ and Teltsj controlsregtrding MPlinCe wlthlows and regulation5 and if there are any kno instances of nonvcomplionce: ' examining supporting documents for all material transactions and diS¢losur. • review of the trustee minutes. • enquiry of Thwi88ement and review and in•ion of relevant correswmdence with any Ic8al finns; • evaluation of the selection and application of accounting policies rElated to subjective me#stwem¢nts and complex trdnsaction5; ' analytical procethires ty identify any unusual or unexpected relionshi . testing the appropriateness of joumaI entrits recorded tn the gtAl kdgv ond other adjusthxnts made in the preparation of the financial ststem¢nls' ' reviww of accountiD8 estiumtes fr*r biu Owin8 to the inherent limitstions of an avdil there is an unavoidable risk that some mateTTal misstatements of the financial Sta¢mts may not be delecte even though ihc audit is PTDperly plar)n¢d and perforni¢d in accordanee with the ISAS (UK), The potcntial effects of inhemt limitationsare particularly significant in the os¢ ofmisststement resuliing from fraud because fraud may involve sophisticated and care1]Y organized sclKmes designed to conceal it. including deliberd failuTe to record transactions, collusion OT inteniiongl misrepresentations being nRde to us. A fiwther description of our responsibilities is available i)n the Financial Reportlng Cou11'S websit¢ 4L' www.fr&ory.uklauditorsTwli Jilitie& This des¢riptiM forn part of our auditor's reporL Page128
International Society For Krishna Conselousness Bhaktivedanta Manor Limited Independent Auditor's Report to the Members of International Society For Krishna Consciousness Bhaktivedanta Manor Limited Use of our report This report is made solely to the charitable company's trustees, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. OUT audit work has been undertaken so that we might state to the charity's trustees those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and it5 trnstees as a body, for our audit work. for this report. or for the opinions we have formed. Senior Statutory Audi For and on behalf of KNAV Limited, Statut ry Auditor Hygeia Building Ground Floor 66-68 College Road Harrow Middlesex HAI IBE 04J 2025-53-UK Page | 29
International Soclety For Krishna Consciousness Bhaktivedants Manor Llmited Statement of Financial Activities for the Year Ended 31 December 2024 (Including Income and Expenditure Account) Unrestri¢ted funds TotAI Restrleted funds 2024 Note Imeome and Endowments from: Dotjations and legacies Charitable activities 3.456,604 2.466.475 426.907 30,816 3,883.511 2,497291 48,164 122962 6551.928 Other tradiJ]g activities Investment income Total In¢vme 48.164 122 797 6.094.040 165 457.888 EXpdItre on: ising funds Charitable aclivities (2.689.20Q) (2.097.377) (4.786.577) I J07,463 (4052W) (158,498) (563,698) (105.810) {3.094.400) {2.255.875) (5.350.275) 1201,653 Total expcndi¢ure N¢t in¢ornel(expenditure) R£conc11 latlon of funds Total funds brought forward Transfer between funds IL216,630 .418.457 13,635,087 Total fimds ¢arried fonvard 19 13,524.09J lJ12.647 14,836.740 All of the above results ar¢ dcrived from tonlinuing a1VitieS. There were no other rQgnISed gains or10s5es, Pa8e130
International Society For Krishna Consciousness Bhaktivedanta Manor Limited Statement of FRn2Dcial Aetivities for the Year Ended 31 December 2024 (Including Income and Expenditure Account) Unrthlcted Total fuDds Re5Cted funds 21123 Note Income and Endowments from: Donations and legacies Charitable activities Other trading activities Investment income 2.974.691 2J04.607 75,514 66,739 5.421.551 262,413 38.774 3237,104 2J43J81 75514 66.739 5.722,738 Total ltteome 301.187 Expendltllre on: Raising funds Charitable aciivities (1.909.975) (2.098,231) (4.008206) 1,413345 (252,433) (62,949) (315,382) (14,195) (2,162,408) (2.161.180) {4J23,588) 1.399.150 Total expendilure Net incomvJ(expenditUTe) ReconeUi8tlon of fuDds Totsl funds brought forward Trgnsfer Betsveen furmts 10.804J03 (1,018) 11216,630 1.431.634 1,018 .418.457 12,235,937 Totsl funds cgffied forw2rd 19 13.635.087 All of the abovc results are d1Ved from continuing activities. Ther¢ w¢re no other reco8nised gains or losses. Pa8e131
International Society For Krishna Consciousness Bhaktivedanta Manor Llmited (Registration number: 08300433) Balance Sheet as at 31 December 2024 2024 Note 2023 ixed assets Tangl1¢ g&%ets Investhienls 12 1.540,038 1.078,310 100 13 1.540.138 1.078,410 Ctyrrent *ssets Stocks Debtors 14 15 16 35.196 9,179.457 4.822287 14.036.940 (740J38) 13.296.602 14.836.740 34,054 9238,909 3,636,344 12,909,307 (352,630) 12.556.677 13.635,087 Cash at bank and in hand Creditors: Amounts falling due within one yr Net ¢urretst assets 17 Ne¢ As5¢ts Funds ofthe ehlrity: Restri¢ted Inetym¢ fundi Restiicted fvnds 1311647 1,418,457 Unrestrleted Income funds Designated funds Fixed a55et funds Loan funds General reserve 3221,184 789.683 8263.838 1.249,388 13.524,093 14.836,740 2,269.628 311,464 ,233.838 1.401.700 12,216,630 13.635.087 Total unrestricted funds TotAI thnd$ 19 Th¢ fmancial stat¢m¢ issue on .... Incl ding the notes on pgts 33 to 54 were approved by the trustee& and authorised for and signed on their behRlf by. Mr K C Pat¢1 Truster Page132
International Society For Krlshna Consciousness Bhaktffivedants Manor Limited Notes to the Financial Statements for the Year Ended 31 December 2024 I Cbarlty ittus The charity is limited by guaranteq Tncorwjroted in England and Wales. and consequently does not have Share capiial. FAch of the trusl¢¢s is liable to contribute an amount not exc¢eding £Nil towards the assets of the Charity in the event of liquidation. The address of its registered offi¢¢ is: Dharam Marg Hilfield Lan¢ Aldenhamarford Hertfordshire WD25 8EZ 2 A¢countlng poll¢l Summary of slgnifitant A¢countlng policies and key gCCQIIDtlng estlmtes The principal accounling N)licies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years prcsenfrd unless Otherwise stsied. Statement of tompllance The financial statemts have been prepared in accordance with Accounting and Reporting Charities: Statement or Recommended Practice applicable to charities preparing their llccounts in accord8n¢e with the Financial Reportir¢g Standard applicable in the UK and IrelaThl (FRS 102) {issued in (ktober 2019) - {Chariti¢s SORP (FRS 102)). the Financial Reporting Standard applicable in ihe UK and Rewblic of Ireland (FRS 102). They also comply with the Companies Act 2006 attd ChaTitics Act 2011. B8sls of preparAilon Intemalional SocietyForKrishna Consciousness BhaktIvedt2 ManorLimiied meeis the definilion of a public benefil entity under FRS 102. Assets and liabilities ar¢ initially Tecognised at historical cost or Iransaction value unle55 otherwise staled in th¢ relevant accounting policy noles. The fvnctional and presentsti¢Jnal cuw is GBP Sterling (£). being the ollrency of the primary economic environment in which the chlty operate5 in. The amounts arc presented Tounded the nc8re5t pound. In preparing these financial Ststern¢n th¢ tharity has taken advantsge of the exemption from disclosing certuin financial instrument disclosures and the preparation of thc flow statem¢ni os this inforniation 15 included within the consolidfited fin8ncial ststements of the parent chaTity. Int¢mational Society for Krishna Cons¢iousness Lirnited. Exemption from preparing eonsolidated accounts The charity has ¢lected notto prepare ¢onsolidated financial Stslem¢ftts the rewlts of its subsidiary are consoliddted inlo the financial stslements of the parent ¢haTity. International Sc¢i&y for Krishna Consciousness Limi*d. These financial 5ts1ement Iherefore conlain inforn)ation fibout International Socicty FOT Krishna Consciousness Bhaktivedenta Manor Limited 25 an individual chority and not ab)ut ils group. Page133
International Society For Krlshna Consciousness Bhaktivedanta Manor Limited Notes to the Flnancial Statements for the Year Ended 31 December 2024 Name ol pArent of group These financial statemcnts are con501idated in the finwKial statements of International Society for Krishna Consciousness Limited. The fin8n¢ial ststcments of International Society for Krishna Consciousness Limited may be obtained from Oak Hous¢. I Watford Road, Radlet( H¢rtfordshire. WD7 8LA. Going concern The trustees consider that there are no marIal uncertainties about th¢ ¢harity'$ ability to continue as a going concern nor any significant areas of uncertainty that aff¢¢l th¢ c8rrying value of ats held by the charity. The charity was able to rnise sufficient funds to meet its exnditUr¢ nced5 during the year and thts is expe¢ted to continue for the foreseeable fUre. As such, the5¢ fiTJan¢io1 statements have be¢n pr¢pAred on a going concern basis. ID¢ome Income is recognis¢d when thecharity has entitlem¢ lo Ihe fimd4 any performance ¢J)ndilions attacked to the it¢rfs) of income have been meL it is probable that the InMe will be received and the amount can be measured reliably. Donations and grants are recognised when receivable. In the event that a donation is subject lo fvlfilling perfonnance conditions before th¢ chariry is entitled to the fuTra& the income is defcTred and not recognised until it 15 probable that those conditions will be fulfilled in the reponing period. Income from Gifi Aid tax reclaims is recognised where the donor has confinned that gift aid can be claimed on their donation. Any amounts of Gift Aid not rec¢iv¢d by the year-end are accounted for in income and accrued incom¢ in debtors. has eniiilement to the funds. any p¢rforni4rtce conditions atrached to the grants have been MCL it is probable that the income will be received and the amount can b¢ m¢asuTed reliably and 15 not d¢f¢rr¢d. In respeei of the furlouth 8r8nt' all condition& with respect to the eligible costs being Claimed, need to be met. For legaci4 entitlement 1$ tak¢n on a rnse by case basFS as the earlier of the date on which: the chority is awar¢ that probate has been granted, the eststc has been finalisal and )tIfIClQll has been made by th¢ ¢i¢¢u¢orfs) to the chartty that & distribution will b¢ made. or when a distribution ts Teceived from the ¢stst¢. Receipt of a legacy. in whole or in part, is only considered probable when th¢ amount ¢an be measur¢d r¢lTably and the charkty hos b¢en notified of the executor's intentiffl to mgke a distributiOTL If the legacy is in the fonn of w 8S5et other than or an asset listoj on 8 Tecognised $ck exchange. recognition is subje¢¢ io the value of the asset b¢ing able to be teliably m¢asured and title to th¢ ass has passed to the charity. Where legacies have been notified to the or the chariry is aware of the grdnting of probate. and the criteria for income recOlt10n have not bttn m¢L then the legacy is a tr¢aied as a contill8ent &8w and disclosed if matrrial. Income received in advance for a future fundraising ¢vcnt or for a grant receivcd lating to the following year are deferred until the crileTia for income rccognition 8re MCL SpOnsohlp from eVeTh fvndraising and events re8istr*ion fees are recognised in income when theevenl tskes plac Page | 34
International Soclety For Krishna Consclousness Bhaktivedants Manor Limited Notes to the Flnancial Statements for the Year Ended 31 December 2024 Interest recelv8ble Inierest on fvnds held ort deposit is included whcn rueivable and the amouni can be measured Teliably by lh¢ chariry; this is normally upon notificotion of the inierest paid or payable by the Bank.. Expendlture ond Irrecovergble VAT Expenditure 15 recOlISed once there is a legal or consmictive obligaiion make & payirKnt to 8 third party. it is probable thal settlement will be required and the amouni of the obligation can be measured reliably. All expenditUTe is COUnted for on an acctuals basis under the following headings. Cosrs of nising fund5 eomprtsts fimdraisin8 Costs incurred in se¢king donations. Srnnts and legacies and costs of ndraising 8clivities. Expenditure on ¢haritable activities includes those costs tYrTed by the charity in the delivery of its activities and services for its b¢neficiarie5. 11 includes both costs that ¢an be allocaied dirtcily to sueh activities ond thos¢ costs of an tndirect na¢ur¢ necessary to support in furthering the PUFP)5es of the charity and their gssociared support costs. Support costs comprtse those costs which arc incurred directly in 5UPPOrt of ¢xp¢nditUTe on the objeets of the charity and include governance cost, financc. and otTice Co5 Governan¢¢ COS arc those costs in¢urred in connection with the compliance with constitutionol and thtOry reqUireMts of the charity. Irrecoverdble VAT is charged as a cost against th¢ aciivity for which the expenditUT¢ was Inrj. Thes¢ costs have b¢eTr allo¢ated beeeTh o)st of rdising fvnds and expenditure on choritable activilies. All resouw¢s expended a inc]51¥C of I¢)Verable VAT. Grnn¢ eypemdhure Grants payable orc paymo)ts made to third parties in fvrtherarte of the chaTitsble objectives. Where the charity gives a grant with conditions for ils paym¢nt being a specific level of service or outpul lo b¢ provided. such grants are only recognised in the StatementofFinancial Adiviti¢s once the recipient ofthe 8rAnthas provided the 5pecifi¢ service or outpuL Grants payable without p¢rformancE conditions are regnISEd in ihe accounts when a commith)ent has been made and communicated io the Tecipienl and there aTe no ndItionS tt) be met relating to the grant which remain in the control of the Chlty. Grqnlprovislolls Provisions for grants ar¢ made when the intentiffl to make a grant has Lwi communicated to the rlplt but there is unc¢rt8tnty about either the timing of the grant or the amount of grant payable. Page135
KnternationAI Soc5ety For Krishna Consciousness Bhaktivedanta Manor Limited Notes to the Financial Statements for the Year Ended 31 December 2024 TAXXtion The Charity is considered to pa55 the tests sei out in Paragraph I Schedule 6 of the Financ¢ Act 2010 and therefore il meets the definition of a ¢haritable company for UK COTpordlion tax puTroses. Accordingly. th¢ ¢haTity is Potentially exempi from tsxation in rcspecl of income or capttsl gains received within tategoTies covered by Chapter 3 Part I l of the Corporation Tax Act 2010 or Section 256 of th¢ Taxaiion of ChaTg¢able Gains Act 1992. to ihe extent that such income or gains are applied exelusiv¢ly to charittble purposes. Tingible fixed assets Individual fixed assets co#ing £ I,CO).00 or more are initially Tecorded at ¢OSL and Subsequently hekl at historic ¢osl less any subsequent a¢¢umulaled depreciation and subsequent ac¢uMued impainnent lo&fes. Depreei4tion nd amortisatlo Depreciation is provided on tangible fixed assets 50 gs to write off the ¢ost or valuaiiorn less any estimated residual value, over their expected useful economic lif¢ as follows: Asset class FixtUTe4 fitting5 and equipmen¢ Motor v¢hi¢l¢s Freehold impTovements Depretlatlon method ind rat¢ on c05t: chgr8ed full in year aquired 25% reductng balance basis. charged full in year acquired 2% on cosi: charged fvll in ycar ac¢wired Fixed asset inv¢s¢meDts Inves¢ment in equity shares in subsidiary undertskings. which are not publically traded and where fair value cannot be measured reliably. are mcasured at cost less accumulated impairn)enl. Stock Stk is inClded at the lowerof cost or nei realisable val. The clwity deems net Yealisable value to be the average donation ¢AP¢¢tcd io be receiv¢d Wh distributing the books to the publi Debtors Trle and other d¢btors are recogni5ed * th¢ Settlement amount du¢ afterny trade discouni offered. Prepayments are valued at the amount prepaid net of ony rfade discounts dv¢. A¢¢nd incom¢ is i1ed at the best estimaie of th¢ amounts receivable a¢ the ba]an¢e sheet date. Cash and eash equiv¥lellts Cash and cash equivalents ¢omprise cash on hand and call deposits. and otheT short-tenn highly liquid invesknents that are readily Convertible to a known arnount of cash and are subject lo an insignificant risk of change in valu Cr[torS Creditors are rol$ed where the clMTity has a pracni oblig&ion resulting from a past ¢vent that will probably result in ihe transfer of funds to a third party and th¢ amount due to settl¢ the obligation can bc measured or e5timaied reliably. Creditors ar¢ nomially recognis¢d al their settlement anTh)ynf atler allowing for any trade dis¢oun¢s due. Page136
International Society For Krishna Consciousness Bhaktivedants Manor Limited Notes to the Financial Ststements for the Year Ended 31 December 2024 Fund structsre Unrestricted are available to Snd on activities that further any of the PTW of chJrity. Design&ted rtdS arc unTesttÉctcd finds ofthe charity which the trustees have decided al their discTEtion to Set aside to use for 8 spe¢ifsc purpox The aim and pUrSe of each designai¢d fuThJ is sel out in the notes lo the financial stal¢ments. R¢stricted fvnds gre funds of the charity restricted for specifi¢ purposes being uThlertaken by the charity. The cost of raising and adminisiering such fuThJ5 are charged againstth¢ specific fun(L The aim and 0fea¢h m8¢eri)I designated and restri¢l¢d fund is set out in the leS to the financial statem¢nlS. Penslons and other post retirnmeDt obligations The charity operates a defined contribution pension scheme which is a pension plan under which fixed contributions are paTd into a pension fund and the charity has no legal or constructive obligation lo pay further Con1nUl10Trs even if the fund does not hold sufficient assets to pay all employecs the benefits relating to employee service in the ¢urr¢nt and pftor periods. Contributions io defined eontribution plans are recognised in the SiatemeTrt of Financial Activiiies when they are due, If contribution paynwits exceed the contribution due for servic4 the exce55 is recolSed as 8 prepayment. Flnanclal Instruments The charity only has financi81 assets and fmancial liabilities ofa kind that qualify as basic finapcial instruments. Basie financial insinunents are initially recognised ai transaction value end subsequently measured at their settlement V8lu¢ with the exception of bank loans which Are subsequently measured at amortised cost Using the effeciive inierest method. Income from don*tlon$ legaci UDrestrlcted nd5 Restricted Total Totsl General funds 2024 2023 Donations 3.456.d)4 426.907 3,883,511 3237.104 Legaci¢s 3,456,&M 426.907 3883,511 3237,104 Page137
International Society For Krishna Con$ciousne55 Bhaktivedanta Manor Limited Notes to the Flnancial Statements for the Year Ended 31 December 2024 4 Income from Charitable activitles Unrestrfeted fllnds General Restrl¢ted Total Tot&1 funds 2024 2023 Animal Proleclion & W¢lfar¢ 651,637 651.637 532.456 Books Education & training Fe*ival Religious activity 190.013 280,192 1203,185 141.448 2.466.475 190.013 311,008 1203,185 141.448 2.497.291 289,525 271,994 1,103.554 145.852 2.343.381 30.816 30.816 5 Income from other trading a¢¢ivlties Unrestrlcted funds CenerAI Restrkted Total TotAI 2024 2023 Trnding activities 48.164 48.164 48.164 48,164 75,314 75.514 6 Investment Ineome U•restrl¢ted fund5 General Restricted Total Total funds 2024 2023 InteTest on thposit accounts Interest otj I 14,674 8.123 122.797 165 114.839 59.204 8.123 122,962 7.535 66.739 165 Page138
Internatlonal Society For Krishna Consciousness Bhaktlvedanta Manor Llmited Notes to the Financial Statements for the Year EDded 31 December 2024 7 Expendlture on ralslDg fvftds a) Costs of Eeneratlng donatio aNd legA¢ie5 Unrestricted funds Gen¢ral Restricted rmnds Totsl Total Note 2024 2023 Staff costs Premises insurance Telephone Postage and stationery Sundries Purchase Disposables Gifis & samples Liierature & 6Thur¢S Devotee maintenance Comput¢r costs Repairs & maintcnance Travelling Motor exp¢Dses Professional fees Bhoga consumptions Training Flowers and deco¥ations Cleaning and disposables Donations Health & Safety eompliaKe Rales and water Repairs aThl renewals Courses DreCiatiOn- owmed assets Support fees Support Subsidy B(x)ks 1,006.440 79.887 8J03 1,006.440 79.887 789.678 71.214 -1-11 8.303 12.528 1,701 324.657 24,403 245 19 6,724 10.¢XI8 23,130 241.037 46,028 10.140 1,701 324.657 24.403 245 19 2J88 37 18.503 175.239 20,842 7.793 65.415 982 470 3,179 103,1)46 242.478 14.650 28,735 132.326 8,657 67,711 37.105 24297 22.953 2.162.408 31.958 228.689 19.768 6,852 439,195 389 981 4J39 1.083 32.347 229.670 24,107 7.935 439.195 25 1,112 11.599 79.710 12.219 14,925 47.303 79.180 122,083 84.593 35.246 18,948 11,599 79.710 392,471 14.925 47J03 79.180 122.083 84.593 35.403 18.948 15.611 3.094.400 380,252 157 15.61 405.200 2.6892(X) Page139
International Society For Krishna Consciousness Bhaktivedanta Manor Limited Notes to the Financial Statements for the Year Ended 31 December 2024 b) Costs of ¢haritable actlvlti Unrestricted funds Restrleted Totsl Total Note Gelleral 3024 2023 Animal Protection & Welfare 103.421 22.126 32.951 103.421 194.391 822.1% 25.269 269,204 694,232 804.720 308.268 59.487 2,161.180 Book5 180.P)O 780.720 754.438 326200 55.229 2,097.377 Education & training Festival 754.438 Religious activity D¢vot¢e welf8re activity 326.2(Ki 55.229 2255.875 158.498 Page140
International Soclety For Krishna Consciousness Bhaktivedanta Manor Limited Notes to the Financial Statements for the Year Ended 31 December 2024 8 Net in(ominyJoutgolnE resourees Net incomingloutgoing resources for the year inctu(k". 2024 2023 Audit fees Depreciation of fixed assets 14,IlXI 118.122 12.6QJ 103,95) 9 TNstoos remuneritlon and expel During the year, a trustee (Ms J GTie55er) re1ved a salary from the charity which amounted lo £20,357 (2023: £18,545) for her role as Temple President. Other than thi& no other trus¢ee. nor any persons connect¢d with them, hav¢ re1Ved any remunerdtion from the charity during the year. Travel and visa expense of £40 (2023: £2.762) was relmbued to truslees. Other than thi& no trustecs have received any reimbursement or any other b¢n¢fits from the charity during th¢ year. 10 Staff co#$ The oggrega* payroll Costs wtte as follows: 2024 2023 Staff e05ts dyrlng the ye#r were: Wages and salaries Social s¢rity costs Pension costs ,545,388 121.514 27,172 1.694.074 1244.988 94.741 21,640 .361,369 The monthly average numlxrof pe)n$ (including seniormanogement team) employed by the ¢harity during the ycgr expressed full lime equivalents wgs as follows: 2024 2023 All employees 83 72 No ¢rnployee received emolumenfs of more than £((I.(XIO thring th¢ year (2023: No employee received emoluments of moTe than £60,0(Ki during the year). Page | 41
International Society For Krishna Consciousness Bhaktivedanta Manor Limited Notes to the Flnanclal Statements for the Year Ended 31 December 2024 I l Taxatlon The company is limited by guarantee and a gIstered charity. The charity is considered to pass the tests set out in Paragraph I Schedule 6 Finance Act 2010 and therefore il meets the definiiion of a charithble company for UK CoTporation tax PUTPOS¢S. A¢coTdingly. the charity ts poientially exempt from taxation in respect ofincom¢ or capital gains received within c*egories cover¢d by Chapier 3 Part I I Corporation Tax Act 2010 or S¢¢tion 256 of the Taxation of Charg¢able Gains Act 1991 to the extent that such income or gains are applicd exclusively lo charitsble purposes. 12 Tangib rued assets Flx¢•Jre& fl¢tings #nd equlpmeDt Assets IIDder constrnrtlo Motor vehlcles Freehold Imprnvements Total Cost At l January 2024 Additions 391.548. 60.990 452.538 87.715 7.440 3.960 11,4(X) 824.565 514.9LX) lJ39.465 IJI 1,268 579.850 1.891,118 At 31 December 2024 87,715 Depreciation At l January 2024 Charge for the year At 31 December 2024 118.723 83,533 202.256 56.516 7.800 64J16 57,719 26,789 84,508 232.958 118.112 351.080 Net book value At 31 Decemb¢r 2024 2502,82 23J99 1254.957 1540,038 Ai 31 De¢}ber 2023 272.825 31,199 7,440 766.846 1,078.310 Includ within the bTought forward balance of freehold improvements is a hay barn th8t was compled and bmuBht into use in 2022, which is b¢inE depreciated on a straight-line basis over its astimated useful life of 50 yea. Addiltons in th¢ CUffen( year Telatc to the acquisition of a n¢w property. Page142
Internatlonal Society For Kri$hn2 Consclousness Bhaktivedanta Manor LlmSted Notes to the Financial Statements for the Year Ended 31 December 2024 13 Flyed asset Inveslments Shares In group undertakings and participatlng Ihttrests Sharu in growp undertaklngs Cost At l J8nugry 2024 At 31 December 2024 100 Net book value At 31 Deecmber 2024 At 31 December 202J Detx115 of undeYt#kings Detaits of the investments in which the charity IK)Ids 2CPA or mor of thc nominal valu¢ of any class of share capital are a5 follow5: Country of incorporation Proportion ofvotlng rights
nd shares held
Undertaklng Prlntipal activity Holdthg 2024 2023 Trndlng subsldiary undertaklngs Production and sale of dairy products and the hosting of wedding events Bhaktivedanta Manor Limid Dharam Mar& Hilfield Land. Aldenham. Hertford5hiTe England and Wol¢s shgres IootyA I)% An 8mount of £373.684 (2023." £486,909). representing a donation made from th¢ subsidiary's profits during the year lo IT]l¢rnational Soci¢ty for Krishna Consciousness Bhaktivedanta Manor Limid. is included within amounts due from group undertakings (note 15). Page143
International Society For Krishna Consciousness Bhaktivedanta Manor Limited Notes to the Financial Statements for the Year Ended 31 December 2024 14 Stk 2024 21123 Stocks 34.054 15 Debtors 2024 2023 Trode debtors Due from group undertakings Other debtots 2,056 8,638.446 500.909 38,046 9.179,457 8.720,747 483.982 34.180 9238.909 Prepayments Included within amounts due from fellow group underfokings is a loan of £2.664,807 {2023: £2.664.807), which is receivable after mor¢ than onc year. The MaInIng balances are repayable on demand. All amounts due from fellow group und¢rtakings ar¢ interesl-free and unsecured. Further, included within otherdebtors is a loan of £150.(N)0 (2023.. £200.0(Ki) lo an unrelated company, which bears interest at a rnle of 50/0 per annum. Of thi4 £110.OLKI (2023.. £160.000) is receivable after more than one year. An amount of £373,684 (2023: £486.909). representing a donation made from the subsidi4ry's profits during the year to International Society for Krishna Cons¢iousntss Bhaktivedanta Manor Limid. is includcd within amounts due from group undertakings. 16 Cash lld e8sh equlvAlents 2024 2023 C8sh on hand Cash at bank 756 4.821.531 4,822287 784 3.635.560 3,636,344 Page144
International Society For Krlshna Consciousness Bhaktivedanta Manor Limlted Notes to the Flnancial Statements for the Year Ended 31 Deeember 2024 17 Creditors: amounts fAlllug due witbin one year 2024 2023 Trade creditor5 Due to group undertaking5 Other creditors Oihcr taxation and social se¢urity AccnMIs 116.377 8.569 221.474 27,497 366.421 740.338 97,819 25,877 154,156 23,909 50.869 352.630 Amount due lo fellow group undertakings are interdst free, unsecured aNJ repayable on dcmand. 18 Penslon and othor stheme5 Defined contributi04 penslon scbeme The charity operates a defined contribution pension scheme. The pension cost charge for the ye8r r¢pr¢s¢nts contributions payable by the charity to the scheme and anK)unted to £27.172 (2023- £21.640). Contributions totalling £7,726 (2023: £6,580) were payable to the schenK at the e1 of the year. Page145
International Society For Krishna Consciousness Bhaktlvedanta Manor Limlted Notes to the Financial Statements for the Year Ended 31 December 2024 19 Funds Currellt year Balance 8t l January 2024 Balance at 31 De¢ernb¢r 2024 lttcoming resourccs Resources expended Trnnsfeys Unrestrleted lund5 (A) Deslgnated funds Youth PTeaching (Pandava Sena) Japa Garden Project Janmashtami 2025 Tulsi Garden Project Manor Restoration Basement Development & Goshala Visitor Centrc Bhakiivedanta Play¢rs Theatre ISKCON Ethicational Service5 Schools Programm¢ Sunday School Krishna Club- Youth Property renovations Devotee Welfare Outreach, Preaching gnd Education rrc D¢velop7nent 50.(HXI 84.975 250,IXKJ 8.603 525,tKLI (84J59) (4.185) (514J73) 124,359 (80,998) (273,539) (8.703} 560,000 90,000 208 937.912 40Q,OIXI (134,253) {70J82) 950,747 200.(O) 120.382 250.0(KI 24.5 (1,408) (23,IW2) 62,1 4,000 (12) 66,088 64.450 i.000.o 26.805 (12.455) (480.000) {451) 630,C 20.0 116,1)1)o 100.oc 78,349 1.150.000 20.0(KI 116.000 I,000 IB) Flxed gsset funds Other fixed assets (Cl funds Loans to 0p 311.464 478.219 789,683 8233.838 30.OtNJ 8263,838 ID) Gener reserve Generdl reserve 1,401.700 5,125.015 (3.485.162) (1.792.165) 12,216.630 6,094.040 {4.786.577) 1.249.388 13.524.093 Tot41 unrestricted funds Page146
International Society For Krishna Consciousness Bhaktivedanta Manor Lim5ted Notes to the Financial Statements for the Year Ended 31 December 2024 19 Funds (contlnued) Current year (c•ntiDued) B¥14llte at l January 2024 Balance at 31 December 2024 Incomlng Resour¢e5 resollrce5 expeThJed Transferj Restritted funds Goshal8 1,114.964 151,123 20,611 3,957 (103.421) (41.476) (192.644) 1,011.543 140,463 51,140 3.957 Nurswy ISKCON May4)ur Alumni 30,816 223,173 Ukraine Appeal HHSBK Maharaj TP Fund 50 50 104.813 6567 1&422 33,658 (64.236) 74,235 6,567 Film Restorntion 62.665 i 0.000 30.0(KJ 12,626 15,625 39275 457,888 (79.087) (i o.oth)) {30.IJ)O) {12.626) (15,625) {14583) (563.698) Iskcon Souih Afric8 Panihaii South Korea Chowpatty Shaastra Daan Total restrlcted funds 24,692 1,312.647 ,418,457 TotAI funds 13,635,087 6,551.928 (5.350.275) 14.836.740 Th¢ charity's trustees have elected to designate fimds from the reserves for specifie purposes. Details of these d)En0110nS are provided in th¢ subsequent sections of this note. Page147
International Society For Krishna Consciousness Bhaktivedanta Manor Limited Notes to the Financial Statements for the Year Ended 31 December 2tJ24 19 Funds {eonllnued) Prior year Balance at 31 December 2023 Bal•nce at l January 21123 Intoming resowrceg Resources expended Transfers UnrestrEeted funds (A) Designated funds Youth Preaching (Pandava S¢N8) siage Project Japa Garden Proje¢t 50th Arhniversary Celebration 2023 Janmashtami 2024 Tulsi Garden Proj¢¢l Manor R¢sioratioTh Basernent D¢velopment & Gosh818 Visitor Centre Bhaktivedanta Players Thearre ISKCON Educational Scrvtces Schools Pro8ramme Sunday School Krishna Club- Youth HH Keshav Swami Preaching Fund New Mayapur, France- Loan Property Rer¥¢10rtS 50,0(K) 45.0th) 65.IXX) 21KI.000 240.938 45.0(M) 525.000 157.730) (41,017) (95.878) (122.859) {494.114) (36,397) (121.916) 57,730 (3.983) 50.000 115.853 2256 912.(5 84.975 (79J97) (408,889) 250.0(X) 8,603 525,000 121.916 200.(KX) 200,000 24.5 24,500 62.1fy) 62.1th) 45.21 55.8(Xl 24.605 (5 J55) 64.450 (S5.8} (200.CK)O) I,ooo,000 I,000.ofyJ (B) Flxed as*t funds Other fixed ossets 75.839 235.625 311,464 (C) Loan funds Loans to group 7,548,838 685,000 8233,838 (D) General rtserve Genernl reserve 1,421.088 10.804J03 4J66,772 {2,832.940) (1,553.220) 1.401,700 5.421.551 (4.008206) (1,018) 12.216,630 TTrtAI unrestrl¢¢ed fttnds Page148
International Society For Krishna Consciousness Bhaktivedanta Manor Limited Notes to the Financial Statements for the Year Ended 31 December 2024 19 Funds (¢ontinued) Prlor year (coutlnued) BalaD¢e At 31 December B•lAoce It January ID¢oniiiiE re50urce5 Resources expeTrded 2023 Trnnsfers 2023 Restricted funds Goshala Nursery ISKCON Mayapur H.H. Bh8kti Charu M#h4rnja Samadhi ConsMi¢tion fundVIla1 Funds India Covid-19 App¢81 Alumni Ukrdine Appeal HHSBK Mahataj TP Fund Turkey Appeal Shyamsundar Ftlm Re5torotion .140.233 150,030 (25.269) {37,681) (50,189) 1,114.964 151,123 20,611 38.774 70.800 75.641 44.410 (120,051) 520 3,706 1.625 43,673 6,206 436 {956) 251 3.708 103.085 3.957 {15J33) (41.945} (12.750) 3241 (3241) 6892 (7.910) 16,479 (57) 301,187 (315 J82) 5.722,738 (4.323.588) 104.813 6.567 1,018 16.422 ,418,457 13.635.087 Totsl restrleted furtds 1,431,634 12235.937 1,018 Totsl funds The charity's trustees hav¢ Cleed designate fvnds fivm the gaKral reserves for spccific ptw)oses. Detsils of these designalions are provided ID ihc sub5equ¢nl seciions ofthis note. Page149
International Soclety For Kri$hna Consciousness Bhaktivedanta Manor Limlted Notes to the Financial Statements for the Year Ended 31 December 2024 19 Funds (continued) The specific purposes for which the funds are b¢ applied are as follo (A} Deslgnated funds". Youth Preaehing andv# Sena): Supwn and expand preaching programrnes for youth ag 12+ Iluding collegeluniversity 5tudeTbt outreach. SlgnAge ProJecL. PTcduc¢ and install new signage posts across the entire Man¢x esthte to better inf¢)Tm and guide visitors. Japa Garden Project.. Create a 8ardcn complete wilh deity sculptures and walkways. condueive to Pvdceful meditation and fostering intuesi in Japa chanting prnctice. Soth Anniversary Celebratlon 2023: Support and fund events commemorating 50 successful YUTS at ISKCON Bhaktived8nts Manor. Janmash14ml: Fund the annual festival celebrating the appearance day of L4)rd Krishna. attended by tens of Ihousands of pilgrims and visi10. Tulsl GaTden Project: Create 4 landscaped gaTden for the pleasure of tk Tutsi Deity and wOtshipr& Manor RKtor8tlon: Provide for urgMt resiorati¢)n works n¢¢d¢d to maintsin tk gr8de 2 li5trJJ building or Bhaktivedanta Man(x. Consultsney & Plannlng.. Bhaktlvedants Mgnor B%sement DevelopmElIt: To facilitate the many direct and supporting activities rtecessary for the daily worship of the Altar Deities. GoshAla Vlsltor Ctntre." A recreational and educational Initiative ihat infarn and educztes the public in Cow welfare and protection as w¢ll as Organic suslainable farmin& Bhaktlvednts Players The•tr&" Supprrt the ¢harity's theatre troupe in win8 thama u a medium for PrhIng. ISKCON Educ¢lonil Servlces Sch•)ols Programme: Fund visits flom schools as part of theirr¢ligtous education studi¢s. Sunday S¢hool Krlshna Club.. Provide funding forthe supervi%d sUrY Children's Progrdmme for children aged &12 years. HH Keshav Swami Pr¢a¢hlng Fund: Supportthe wrathin8 a&ivities ofBhaktivedants Manor'$ r¢5id¢nt Sany¥i (R¢nounced Monk). ISKCON New Mayapvr, France: FuTrJ UTg¢nl infta5tructure works to maintain and keep open the tcmple in Frdnce. Property r¢Dov4tlons: Renovation costs in yespe¢t of propety P)rtfolio held uThJtr T5kcon L. Devotee Welf4re: Funds held to assist the we of devotees in the community who may be in need. Ovtreach, PrtacblnE and Educatlon: Funds to develop the charlS educauon and outreach programmc. ITC Development: Funds ld io inv&4 in an Pade to IT systems ard cyttseeuriry. PaEe150
International Society For Kri5hDa Consciousness Bhaktivedanta Manor Limited Notes to the Financial Statements for the Year Ended 31 December 2024 (B) Flxed asset funds: The tangible asset fund represenls the value of generdl ndS invested in tangible assets which are not. by the nabJTe of tangible assets, &dilY available for use for other purposes. The transfer in of £478,219 (2023.. ITansfer in of £235.625) makes the value of the fijnd equol to the net book value of the iangible asseis le&5 any restricted iangibl¢ gssets at 31 December 2024. Tan8ible asset ¢xpMditure fInaed fvoEn K8tricted funth is shown within the restrided fund balance5. (C) Loan funds The loan fvnds represenls the value of general ndS the value of funds loaned io fellow group chhrities and group companies. Due to the nature of these loan& thes¢ fvnds gre not r¢adity availabl¢ for immediate use by the charity for any other purposes. (D) General reserve Genernl reserves pre$crIt free r¢s¢rves that the ¢hotity expects IO Utilise for financing increosed cash flow expenditures and offsetting TX)tcntial rethictions in donations. The general rerve balance is 3 months of expenses in a¢¢ordance with the Gen¢Tal Reserv¢ policy adopted by the twslee& Outhows are antiCiPAted lo rise due to increased Restri¢trd funds: Coshl funds: Represent donatiolls collected for the welfare of cow& located on the same grounds 88 the Charity. Nursery: Comprise funds received for ftts. E#rly Years fimding grants. and teaching exseS incurred foryoung childr¢n 8tter)ding the Charis nuT5ery. ISKCON Mayapur. Represent fvnds for a ScIfiC woject in ISKCON Mayapur where a new centre is being constructed. H.H. Bhkti Cbaru MaharajA saMhr CoDstrM¢tlon funds: Represent funds allocated for the construction of a memorial in Mayapur. Indla Covid-19 Appe81 funds: Represent donations collectcd and remitted to the LODJS Tn1 for their Covid-19 appeal? prirnarily for purchasing hospltal equipment and supplies in India. Alttmni funds: Donations lIced and remitted io the J-foundaiion for th¢ir preaching activitie& Ukralne App1 funds= Funds collected and remitted to the Lotus Trust to provide humanitaTian old in Ukrdine due to the ongoing ¢onflicl. HHSBK Maharaj hnds: Donations collected OTh behalf of His Holiness Svay¥m Bhagavan Keshava Maharaj for his preaching Xtiyities. TPFulld funds: Collecd for projects stled by the Temple President. PreacblnE •¢ RB Ev¢nts: Restricted fuThts Collected for preaching activities condu¢*d at ¢¢kbrity events. Page151
International Society For Krishna Consciousness Bhaktivedanta Manor Llmited Notes to the Financial Statements for the Year Ended 31 December 2024 HHBPS Trlbal funds: Repruenl fuThJs that were collected gnd paid during the previous year for the welfare of tTibal comrnunities acro&s India. Vlllo VrlndAvAn funds: Replesent funds that were eollected and paid during the previou5 year support the ndraising efforts of a centre in Italy Turkey Appeal: RePents donations coll¢¢ted and mnitted to the Lcth5 Trust foriheir TuTkey Earthquake appeal to send relief aid to the aff¢¢t¢d area. Shy4msMndar. Funds collected to support Ihe distribution of the Eh)oks by the 8Uthor Shyamsundar Das (Sam Speerstra). Film Restornti•n: Funds collected to support the work CaTried out io restore and preserve the Original film foora8e of Srila Prabhupada (Founder Acarya of ISKCON) Donath)n to other ¢h#Titi#: The dHrity supports various other ISKCON Icmpks inlemationally. Shaastri Daan: These are donations Te¢¢iv¢d in conneclion with the Gita Jayanti festival which are reStrIed for the purchase aTht distribution ofbooks (Shaastrn). 20 An4lysls of ne¢ a55ets betweett funds Current year Unrestrl¢teO rund5 Gen¢rAI Restrl¢¢ed funds Totsl funds Tang1 le fixed assets Fixed assct investments Current assets cUent liabilities 789.683 750.355 1540.038 13.463.162 (728,852) 13.524.093 573,778 (11.486) lJ11647 14.036,940 (740,338) 14,836,740 Total nct assets Prlor year Unrestricted funds General Restrl¢ted funds Total fund5 Tangible fixed assef5 Fixed asset investments cYent a55et5 cuent liabilities 311,464 loo 12,246.210 1341.144) 12216,630 766.846 1,078JlO 100 12.909,307 (352,630) 13,635,087 663,097 (11,486) .418.457 Total net assets Pagè152
International Society For Krishna Consciousness Bhaktivedanta Manor Limited Notes to the Financlal Statement5 for the Year Ended 31 December 2024 21 Related party trgnSa¢tions The balances owed from and owed lo grow undertakings at th¢ year-cnd is as follows.. 2024 Z023 Amount due from gro¥p Mndertakin ISKCON Lid Nation81 Office (5hort-terni loan) Bhaktivedanata Manor Limited (short temi loan net of ]xovision) Bhaktivedanta Manor (donaiion amounl receivable) ISKCON London (trade debtor) 5599,031 2.664,807 374.608 5569.031 2,664,807 486,909 8,638.446 ,720,747 Amount dwe to group undertakings ISKON Ltd BBT & National office (trade CTedilor} Bhaktivedanata M8nor Limitoj (trade creditor) ISKCON London (trade ¢reditor) 8.497 25,877 72 8569 25.877 During the year, the company purchas books for the mnt of£145.825 (2023: £196,756) from its parcnl charity International Society for Krishna Consciousness Limited, a ¢harÈty incorpornted in England and Wales. Further. International So¢i¢ty for Krishna Consciousness Lirnil¢d recharged affiliation fees, GBC feesj prcmises insurance and software ¢xp¢nses to the company of £135J44 (2023: £140.160). The company received a don*ion of£373,685 (2023: £486.)) and was rtehaTged ¢xp¢nsts of £315.069 (2023:£Nil) from its subsidiary Bh8ktivedanta Manor Limiied a company incorporated in England and Wales. The trafysaaion$ with fellow group company. Int¢rnatioMI Sc¢iety for Krishna Consci4)usn¢ss London Limited. hority incorpornted in England Wales included costs £4.671 (2023: £11,34n r¢18ted lo retycatlfestival activiti¢s and recharge £435 (2023: £Nil) toward5 bo)ks Ind expenses. Atlanti¢ Electronies Limited During the year the charity received advertising income of £ I.0(¥ (2023: £1.000) from Ail8ntiC Electronics Limite company which had common direciorsltrustees wilh th¢ charity. The charity paid £Nil (2023: £4.424) for office equipment and £3.7CQ12023'. £4.387) tOW8rds cost of siaiionery. repai[5 and similar exFKnses io the company. There were no balancGs due to OF from the charity at year en Avanti School Trust During the year the ¢harity ¢¢IVed donations arnounling to £1.650 (2023.. Nil) towards media, advertisin8 and stationery costs to Avanii School TrusL a company whi¢h has common dIrectornte¢S with the charity. There wer¢ o balan5 du¢ to or from the charity at the year end. The Lotus Trust DurÉng the year the charity p8id &)nation amounting to £Nil (2023:£19.487) to The Lotus Tn. a company which has common direetorsltrustecs with the charity. These were for Uktaine appeal. Covid 19 appeal Turkey appeal PUTposes. There were no balances du¢ to or from the charity at the year end. Page I S3
International Society For Krishna Consciousness Bhaktivedanta Manor Limlted Notes to the Fln2ncial Statements for the Year Ended 31 December 2024 22 Parent and ultimAte pirent undertaklng The trustees consider the Intcrnational &)¢i¢ty for Krishna Consciousness Limiknj (registered company number 00962009), a charity inwrporat¢d within the United Kingdom as the Ultimate ¢ontrolling parry. Copics of the consolidated financial statements of International Socicty for KTiStma cOnlousnesS Limited are available upon request from.. Oak House I Wlrford Road Radlett H¢rrfordshire WD7 8LA Page154