2021-12-31-accounts - Krishna West UK

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Trustees’ Annual Report for the period

1 January 2021 to 31 December 2021

Charity name: Krishna West UK

Charity registration number: 1174708

Objectives and Activities

	SORP reference
Summary of the purposes of the charity as set out in its governing document	Para 1.17	To advance the education of the public in the subject of the religion of Krishna Consciousness as revealed in the teachings of Bhagavad Gita As It Is and as taught by the Founder His Divine Grace AC Bhaktivedanta Swami Prabhupada and in accordance with the tenets of the International Society for Krishna Consciousness, in particular but not exclusively by providing educational programmes.
Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts.	Para 1.17 and 1.19	Our main activities over the period included public (via Zoom) discourses on the teachings and practice of Krishna Consciousness, and communal gatherings for worship.
Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit	Para 1.18	KWUK is committed to enabling as many people as possible to learn about and cultivate the practice of Krishna Consciousness regardless of religious or cultural background. In planning our activities for the year, the KWUK Trustees have considered the Charity Commission’s guidance on public benefit, and especially the guidance for charities set up for the advancement of religion. We try to afford ordinary people from any background the opportunity to develop their practice of Krishna Consciousness through: - cultivating the knowledge and philosophy of Krishna Consciousness; - community gatherings for worship and prayer; - missionary and outreach work.

SORP reference

Additional information (optional) You may choose to include further statements where relevant about:

	SORP reference
Policy on grant making	Para 1.38	KWUK is happy to accept grants, however we have not pursued any opportunities for grants during this accounting period.
Policy on social investment including program related investment	Para 1.38	KWUK’s social investment is of an educational, religious and communal nature, and our aspiration is to support communal facility and opportunity for the education and practice of Krishna Consciousness.
Contribution made by volunteers	Para 1.38	We accept support from a group of committed volunteers, and are keen to expand this group going forward.
Other

Achievements and Performance

	SORP reference
Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole.	Para 1.20	In line with our objectives, the focus this year has been on building and strengthening a core team of dedicated supporters for the activities of the charity. Despite the challenges of the Covid-19 pandemic, the Trustees succeeded in bringing together a small but dedicated team of supporters who reliably administer and manage the events run by the charity, in particular public discourses and communal worship, using available technological resources like Zoom Conferencing. The beneficiaries during this accounting period included the general public in England. Attendees at events were given opportunities to learn about, sample and cultivate the practices of Krishna Consciousness, at whatever level suited their needs or preferences, as well as enjoy the healthy support of a small but growing community of like-minded explorers of spiritual practice.

Additional information (optional)

You may choose to include further statements where relevant about:

Achievements against objectives set	Para 1.41	The trustees consider their key objectives met over this accounting period, and look forward to further strengthening the core teamand expanding thevolunteering

		support in the coming year.
Performance of fundraising activities against objectives set	Para 1.41	Charity expenses this year were minimal, involving only the administrative expenses of online programmes, discourses and events. These events were small and focused, and so demanded little financial support. They were funded directly by volunteers. In addition, in spite of the financial difficulties arising from the global pandemic, small amounts of donations were received into the charity account, as outlined in our separate Receipts and Payments report.
Investment performance against objectives	Para 1.41	There were no investment objectives over this accounting period.
Other

Financial Review

Financial Review
Review of the charity’s financial position at the end of the period	Para 1.21	The activities of the charity over the accounting period focused on cultivating a core team of dedicated supporters, and did not have sufficient opportunity to focus on fund-raising for future activities. Fundraising opportunities were further restricted by the global pandemic. Nevertheless, small donations were received from volunteers during the reporting period. Activities over the year were funded directly by volunteers and supporters, such as Zoom conferencing subscriptions. As such, there were minimal funds coming into and no funds exiting the charity account over the reporting period.
Statement explaining the policy for holding reserves statingwhy they areheld	Para 1.22	Other than the charity account bank balance of £146, there are no reserves held at the end ofthereporting period.
Amount of reserves held	Para 1.22	£146
Reasons for holding zero reserves	Para 1.22	No significant expenses projected for the coming reporting period.
Details of fund materially in deficit	Para 1.24	N/A
Explanation of any uncertainties about the charity continuing as a going concern	Para 1.23	The trustees plan to grow the charity gradually, in step with growing donations and support. We expect the charity to continue as a going concern.

Additional information (optional) You may choose to include further statements where relevant about:

The charity’s principal sources of funds (including any fundraising)	Para 1.47	Donations from volunteers and supporters. A total of £29 was collected in the charity account during the reporting period, with no outgo as all expenditures during the year were met directly by volunteers and supporters.
Investment policy and objectives including any social investment policy adopted	Para 1.46	No investments were made during the reporting period.
A description of the principal risks facing the charity	Para 1.46	The key risk facing the charity at this stage is lack of adequate social media presence and the safety measures required in response to the global pandemic. However, these risks are currently being managed through regular team bonding events / programs via Zoom. In-person meetings have gradually resumed as Covid-19 came under control in the UK.

Other

Structure, Governance and Management

Description of charity’s trusts:		Religious charity trust
Type of governing document (trust deed, royal charter)	Para 1.25	Foundation Constitution
How is the charity constituted? (e.g unincorporated association, CIO)	Para 1.25	KWUK operates as a Charitable Incorporated Organisation.
Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees	Para 1.25	Eligibility of trusteeship: a) Every charity trustee must be a natural person. b) No individual may be appointed as a charity trustee of the CIO if he or she is under the age of 16 years; or c) No one is entitled to act as a charity trustee whether on appointment or on any re- appointment until he or she has expressly acknowledged, in whatever way the charity trustees decide, his or her acceptance of the office of charity trustee. d) At least one of the trustees of the CIO must be 18 years of age or over. If there is no trustee aged at least 18 years, the remaining trustees may only act to call a meeting of the charity trustees, or appoint a new charity trustee. e) To be practitioners of Krishna Consciousness and be involved in KWUK activities for the minimum of 6 months. Appointment of trustees: - Every trustee must be appointed for a term of two years by a resolution passed at a properly convened meeting of the charity trustees. - In selecting individuals for appointment as charity trustees, the charity trustees must have regard to the skills, knowledge and experience needed for the effective administration of the CIO.

Additional information (optional) You may choose to include further statements where relevant about:

	Policies and procedures adopted for the induction and training of trustees	Para 1.51	In selecting individuals for appointment as charity trustees, the charity trustees must have regard to the skills, knowledge and experience needed for the effective administration of the CIO. The charity trustees will make available to each new charity trustee, on or before his or her first appointment:

		a) a copy of the current version of this constitution; and b) a copy of the CIO’s latest Trustees’ Annual Report and statement of accounts.
The charity’s organisational structure and any wider network with which the charity works	Para 1.51	The charity is managed by at least two charity trustees at any time. There are currently no other officers, with all other participants being volunteers or supporters.
Relationship with any related parties	Para 1.51	KWUK is related to the global Krishna West project, being a local representation of that project in the UK.
Other

Reference and Administrative details

Charity name	Krishna West UK
Other name the charity uses	Krishna West London; KWUK
Registered charity number	1174708
Charity’s principal address	Flat 24 Verum House 19 New Street Basingstoke UK RG21 7BT

Names of the charity trustees who manage the charity

Trustee name	Office (if any)	Name of person (or body) entitled to appoint trustee(if any)
Shivanand Sharma	Trustee	Trustee board
Yonka Yancheva	Trustee	Trustee board
Pradyumna Sepulveda	Trustee	Trustee board

– Corporate trustees names of the directors at the date the report was approved Director name n/a

Name of trustees holding title to property belonging to the charity

Trustee name	Dates acted if not for whole year
n/a

Funds held as custodian trustees on behalf of others

Description of the assets None held in this capacity Name and objects of the n/a charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for n/a safe custody and segregation of such assets from the charity’s own assets

Additional information (optional)

Names and addresses of advisers (Optional information)

Type of Name Address adviser

Name of chief executive or names of senior staff members (Optional information)

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Other optional information

Declarations

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

Signed on behalf of the charity’s trustees

Signature(s) Full name(s) Shivanand Sharma Position (eg Secretary, Chair of Trustees Chair, etc) Date 11 October 2022

	Krishna West UK	Krishna West UK	Krishna West UK		CC16a
	For the period from	01-Jan-21	To	31-Dec-21

Section A Receipts and payments
A1 Receipts	Unrestricted funds to the nearest £ 29 - - - - - - - 29 - - - 29 - - - - - - - - - - - - - - 29 - 117 146	Restricted funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	Endowment funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	Total funds to the nearest £ 29 - - - - - - - 29 - - - 29 - - - - - - - - - - - - - - 29	Last year to the nearest £
Donations	29				117
	-				-
	-				-
	-				-
	-				-
	-				-
	-				-
	-				-
*Sub total*(Gross income for AR)	29				117

A2 Asset and investment sales, (see table).
	-
	-				-
**Sub total **	-				-
*Total receipts* A3 Payments
					117

	-				-
	-				-
	-				-
	-				-
	-				-
	-				-
	-				-
	-				-
	-				-
**Sub total **	-				-

A4 Asset and investment purchases, (see table)
	-
	-
**Sub total **	-				-
*Total payments* *Net of receipts/(payments)* A5 Transfers between funds A6 Cash funds last year end *Cash funds this year end*
					-

	29	-	-	29	117
	-	-	-	-	-
	117	-	-	117	-
	146	-	-	146	117

CCXX R1 accounts (SS)

11/10/2022

Section B Statement of assets and liabilities at the end of the period

Signature Details Details Donations Opening balance Details Details *Total cash funds* (agree balances with receipts and payments account(s)) Details 2	Unrestricted funds Restricted funds to nearest £ to nearest £ 29 - 117 - - - 146 - OK OK Unrestricted funds Restricted funds to nearest £ to nearest £ - - - - - - - - - - - - Fund to which asset belongs Cost (optional) - - - - - Fund to which asset belongs Cost (optional) - - - - - - - - - Fund to which liability relates Amount due (optional) - - - - - Print Name Shivanand Sharma	Endowment funds to nearest £
		-
		-
		-
		-
		OK
		Endowment funds to nearest £
		-
		-
		-
		-
		-
		-
		Current value (optional)
		-
		-
		-
		-
		-
		Current value (optional)
		-
		-
		-
		-
		-
		-
		-
		-
		-
		When due (optional)






		Date of approval
	Shivanand Sharma	11 October 2022
2		11/10/2022