**REGISTERED COMPANY NUMBER: CE012807 (England and Wales) REGISTERED CHARITY NUMBER: 1176485**
Report of the Trustees and
Unaudited Financial Statements
for the Year Ended 31 December 2020
for
The Universal White Brotherhood UK
Ward Mackenzie Ltd Chartered Accountants Thatcher House 12 Mount Ephraim Tunbridge Wells Kent TN4 8AS
The Universal White Brotherhood UK
## Contents of the Financial Statements for the Year Ended 31 December 2020
|||Page||
|---|---|---|---|
|Report of the Trustees|1|to|4|
|Independent Examiner's Report||5||
|Statement of Financial Activities||6||
|Balance Sheet|7|to|8|
|Notes to the Financial Statements|9|to|15|
|Detailed Statement of Financial Activities|16|to|17|
The Universal White Brotherhood UK
## Report of the Trustees for the Year Ended 31 December 2020
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 December 2020. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
## **OBJECTIVES AND ACTIVITIES**
The Brotherhood has no religious or political affiliations and freely invites all those who, regardless of nationality, colour or creed, are seeking to improve their lives through a fuller understanding of the universal laws of spiritual science which underpin man's psychic and physical wellbeing. The teaching and methods of the philosopher and spiritual teacher Omraam Mikhael Aivanhov are studied and shared in an environment of collective fellowship. The Brotherhood's extensive publications have been translated into more than thirty languages.
## The charity:
1 Maintains a permanent centre at The Doves Nest, adjoining the Ashdown Forest in East Sussex, where it holds regular meetings at weekends and longer retreat congresses which are open, by arrangement, to both subscribing members and nonmembers.
2 Supports, by the provision of audio & video lectures, books and other printed materials, those experienced members who establish and run small regional groups for those adherents not located within easy reach of The Doves Nest.
3 Arranges and manages stands for Prosveta (the Brotherhood's trading and publishing arm) at a number of Mind Body Spirit themed festivals held annually throughout the UK to help promotion and dissemination of the teaching.
4 Promotes, sells and distributes Prosveta's published materials in printed, audio and video format via its mail order facility to both individuals and booksellers.
5 Maintains websites at https://omraam-uwb.uk, www.dovesnest.org and www.prosveta.co.uk to advertise forthcoming Brotherhood activities and meetings and the availability of newly published material. A social media presence is also maintained at www.facebook.com/prosveta.co.uk and www.facebook.com/UWBUK.
## **FINANCIAL REVIEW**
## **Reserves policy**
The receipt of income is weighted around the start of the calendar year when subscriptions fall due and the larger donations are generally received. Income from the sale of printed, audio and video material via the charity's trading arm, Prosveta, is received throughout the year as is income for use of accommodation at The Doves Nest and for attendance at monthly meetings and congresses. The Brotherhood has been maintaining a Reserves Policy to keep a sum of approximately £25,000 in a low risk building society charity account to be held against the need to fund unforeseen or emergency expenditure at its headquarters, The Doves Nest, and to keep monies in its Business Reserve Account at the bank that can be drawn upon or replenished during the year to cover fluctuating day to day income and expenditure.
The reserve fund remained depleted during 2020, amounting to £10,533. A substantial legacy, expected during 2020, has now been received which enables the charity to restore its reserves in accordance with stated policy in 2021. Overall bank and cash balances at the year end, however, totalled some £32,654 and no monies have had to be called upon to fund urgent expenditure during 2020.
Page 1
The Universal White Brotherhood UK
## Report of the Trustees
## for the Year Ended 31 December 2020
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
The Universal White Brotherhood UK changed its constitution and incorporated as a Charitable Incorporated Organization on 02 January 2018. This change brought the charity into line with modern practice and saw the initial appointment of seven trustee directors to the board. The new charity became operational on 01 April 2018 and it was decided, for reasons of governance, that its accounting year should now coincide with the calendar year.
The Brotherhood in the United Kingdom forms one of a number of associations worldwide promoting the spiritual teachings of the Master, Omraam Mikhael Aivanhov, a Bulgarian philosopher who taught in France for nearly 50 years until his death in 1986.
The Brotherhood maintains its administrative and educational centre at The Doves Nest in East Sussex, from which it procures and distributes the teachings throughout the country via:
a. its trading arm, Prosveta UK, through the sale of printed, audio & video materials;
b. its website at https://omraam-uwb.uk and social media;
c. regular meetings and congresses at the Centre and at regional venues.
Three of the Brotherhood's trustees currently reside at The Doves Nest to administer the day-to-day running of the charity and maintenance of the premises and grounds.
The core membership contributes to the cost of running the charity and upkeep of The Doves Nest via subscriptions and regular donations. At the end of the current review period the membership stood at 46, but the number of adherents who attend meetings, study the teachings and purchase Prosveta's various publications far exceed this number.
## **REFERENCE AND ADMINISTRATIVE DETAILS**
## **Registered Company number**
CE012807 (England and Wales)
## **Registered Charity number**
1176485
## **Registered office**
The Doves Nest Duddleswell Uckfield East Sussex TN22 3JJ
## **Trustees**
J Morgan Trustee A E S Eastman Trustee E Ramia Trustee Ms H M Howard Trustee Ms R E Collett Trustee Miss V Norman Trustee
Page 2
The Universal White Brotherhood UK
## Report of the Trustees for the Year Ended 31 December 2020
## **REFERENCE AND ADMINISTRATIVE DETAILS Independent Examiner**
Ward Mackenzie Ward Mackenzie Ltd Chartered Accountants Thatcher House 12 Mount Ephraim Tunbridge Wells Kent TN4 8AS
## **REVIEW OF THE ACCOUNTING PERIOD**
The charity's principal asset is The Doves Nest, its headquarters and spiritual retreat centre located in the Ashdown Forest near Uckfield in East Sussex. The property was gifted to the old charity upon its inception in 1985. It was revalued when the assets of the old charity transferred to the new one and its market value was then assessed, in accordance with the RICS Valuation Global Standards 2017, at £1,750,000.
Whilst the charity is heavily dependent upon donations to help fulfil its objectives, it receives some income from its trading arm, Prosveta, which distributes, via website and mail order, translations of the Teaching's literature as well as audio and video material. Turnover for the year was £6,682 from this source and this reflects the continuing pressure on sales volume.
Regular income is also derived from the residential accommodation at The Doves Nest which is available to members and non-members over the weekends of our monthly meetings and during the longer congresses which are held several times a year. Income from this source amounted to just £5,115, which was half last year's receipt, and reflected the long periods of lockdown occasioned by the Covid 19 pandemic restrictions which precluded the holding of weekend meetings and congresses. We were, however, able to hold three weekend monthly meetings prior to the first lockdown and then three socially distanced outdoor day meetings in the grounds during the relaxation of restrictions over the summer.
Unfortunately, the Covid 19 restrictions meant that the majority of our Central London and regional meetings had to be cancelled. Accordingly, voluntary donations from this source were also sharply down. Donations thus eligible for HMRC's GASDS scheme amounted to £454 generating a tax reclaim of £113.
Income receipts from subscriptions and donations, however, amounted to £35,703 and a significant amount of gift-aiding has enabled a tax reclaim of £5,971 to be made.
In terms of events usually held at The Doves Nest focussing upon putting the teaching's philosophy and methods for spiritual development into practice, 2020 has necessarily been a quiet year due to the Covid 19 restrictions. In particular, the Brotherhood's popular residential course for Paneurhythmy circle dancing had to be cancelled as did the weekend tuition sessions for learning the part singing of sacred songs. Likewise, we were unable to man stands at the Mind Body Soul Experience at North London's Alexandra Palace and at other regional exhibitions which were all cancelled.
Nevertheless, Internet technology enabled more outreach to be conducted online and those London and Doves Nest meetings that had to be cancelled were replaced by YouTube presentations and, where practicable, encounters over Zoom. We were also able link up, internationally, with several of the Brotherhood's other groups outside of the UK which were hosting online meetings. This has contributed to a more global and inclusive spirit of co-operation at a time of severe travelling restrictions.
The cost of repairs and servicing to the property and for grounds maintenance amounted to £2,328 which was modest.
A generous level of donations this year has helped to keep the charity's profit and loss account in positive territory, and a significant legacy, which was received after the year end, will bolster the charity's finances and foster new opportunities going forward.
Page 3
The Universal White Brotherhood UK
## Report of the Trustees for the Year Ended 31 December 2020
Approved by order of the board of trustees on 20 May 2021 and signed on its behalf by:
J Morgan - Trustee
Page 4
## Independent Examiner's Report to the Trustees of The Universal White Brotherhood UK
## **Independent examiner's report to the trustees of The Universal White Brotherhood UK ('the Company')**
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 December 2020.
## **Responsibilities and basis of report**
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Ward Mackenzie Ward Mackenzie Ltd Chartered Accountants Thatcher House 12 Mount Ephraim Tunbridge Wells Kent TN4 8AS
20 May 2021
Page 5
The Universal White Brotherhood UK
## Statement of Financial Activities for the Year Ended 31 December 2020
|Notes
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
Other trading activities
2
Investment income
3
**Total**
**EXPENDITURE ON**
Raising funds
**Charitable activities**
UWB
Other
**Total**
**NET INCOME/(EXPENDITURE)**
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
**TOTAL FUNDS CARRIED FORWARD**|2020
Unrestricted
funds
£
36,157
6,696
11,290
54,143
12,705
30,618
918
44,241
9,902
1,793,995
1,803,897|2019
Total
funds
£
33,343
7,486
15,303
56,132
17,379
39,360
932
57,671
(1,539)
1,795,534
1,793,995|
|---|---|---|
The notes form part of these financial statements
Page 6
The Universal White Brotherhood UK
## Balance Sheet
## 31 December 2020
|Notes
**FIXED ASSETS**
Tangible assets
7
**CURRENT ASSETS**
Stocks
8
Debtors
9
Cash at bank and in hand
**CREDITORS**
Amounts falling due within one year
10
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**NET ASSETS**
**FUNDS**
11
Unrestricted funds
**TOTAL FUNDS**|2020
Unrestricted
funds
£
1,752,809
13,597
6,770
32,654
53,021
(1,933)
51,088
1,803,897
1,803,897
1,803,897
1,803,897|2019
Total
funds
£
1,753,727
12,745
5,193
23,196
41,134
(866)
40,268
1,793,995
1,793,995
1,793,995
1,793,995|
|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2020.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2020 in accordance with Section 476 of the Companies Act 2006.
## The trustees acknowledge their responsibilities for
- (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
- (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The financial statements were approved by the Board of Trustees and authorised for issue on 5 May 2021 and were signed on its behalf by:
The notes form part of these financial statements
continued...
Page 7
The Universal White Brotherhood UK
Balance Sheet - continued 31 December 2020
J Morgan - Trustee
The notes form part of these financial statements
Page 8
The Universal White Brotherhood UK
Notes to the Financial Statements for the Year Ended 31 December 2020
## **1. ACCOUNTING POLICIES**
## **BASIS OF PREPARING THE FINANCIAL STATEMENTS**
The financial statement of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice Applicable to Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in UK and Republic of Ireland (FRS 102) (effective 1 January 2015)', Financial Reporting Standards 102 'The Financial Reporting Standards applicable in UK and Republic of Ireland' and the Charities Act 2011. The financial statement have been prepared under the historical cost convention as modified to include the revaluation of fixed assets.
## **INCOME**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
## **EXPENDITURE**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
## **TANGIBLE ASSETS**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Office equipment - 20% on reducing balance Motor vehicles - 20% on cost Furniture and fittings - 20% on reducing balance
## **STOCKS**
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
## **TAXATION**
The charity is exempt from corporation tax on its charitable activities.
## **FUND ACCOUNTING**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
## **FOREIGN CURRENCIES**
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.
## **VAT**
The charity accurately calculates VAT on cost and sales regarding its trading part of the charity. Where costs are apportioned these are done on a reasonable basis and only recovering VAT on the element applicable to the trade.
continued...
Page 9
The Universal White Brotherhood UK
## Notes to the Financial Statements - continued for the Year Ended 31 December 2020
## **1. ACCOUNTING POLICIES - continued**
## **VAT**
## **Freehold Property**
Freehold property are stated at their revalued amounts, being the fair value at the date of revaluation.
## **2. OTHER TRADING ACTIVITIES**
|Book sales
Post and packing
**3.**
**INVESTMENT INCOME**
Rents received
Tax reclaimed
Deposit account interest
Foreign exchange gain/(losses)
**4.**
**NET INCOME/(EXPENDITURE)**
Net income/(expenditure) is stated after charging/(crediting):
Depreciation - owned assets|2020
£
5,679
1,017
6,696
2020
£
5,115
6,085
104
(14)
11,290
2020
£
918|2019
£
6,630
856
7,486
2019
£
10,541
4,627
142
(7)
15,303
2019
£
931|
|---|---|---|
## **5. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31 December 2020 nor for the year ended 31 December 2019.
## **TRUSTEES' EXPENSES**
There were no trustees' expenses paid for the year ended 31 December 2020 nor for the year ended 31 December 2019.
continued...
Page 10
The Universal White Brotherhood UK
Notes to the Financial Statements - continued for the Year Ended 31 December 2020
|**6.**
**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
Other trading activities
Investment income
**Total**
**EXPENDITURE ON**
Raising funds
**Charitable activities**
UWB
Other
**Total**
**NET INCOME/(EXPENDITURE)**
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
**TOTAL FUNDS CARRIED FORWARD**|Unrestricted
funds
£
33,343
7,486
15,303
56,132
17,379
39,360
932
57,671
(1,539)
1,795,534
1,793,995|
|---|---|
continued...
Page 11
The Universal White Brotherhood UK
## Notes to the Financial Statements - continued for the Year Ended 31 December 2020
## **7. TANGIBLE FIXED ASSETS**
|**COST**
At 1 January 2020 and
31 December 2020
**DEPRECIATION**
At 1 January 2020
Charge for year
At 31 December 2020
**NET BOOK VALUE**
At 31 December 2020
At 31 December 2019|Freehold
property
£
1,750,000
-
-
-
1,750,000
1,750,000|Office
equipment
£
32,544
32,471
15
32,486
58
73|Motor
vehicles
£
11,690
8,254
859
9,113
2,577
3,436|Furniture
and
fittings
£
23,934
23,716
44
23,760
174
218|Totals
£
1,818,168
64,441
918
65,359
1,752,809
1,753,727|
|---|---|---|---|---|---|
|||||||
||||||**2020**|
||||||**£**|
|Valuation at 1 April 2018|||||224,817|
|||||||
|Revaluation|||||1,525,183|
|||||||
|Valuation at 31 December 2020|||||£1,750,000|
Freehold property was valued by Bracketts Chartered Surveyors on 21 June 2018 at £1,750,000 which is reflected in these accounts.
## **8. STOCKS**
|**STOCKS**|||
|---|---|---|
||2020|2019|
||£|£|
|Stocks|13,597|12,745|
continued...
Page 12
The Universal White Brotherhood UK
## Notes to the Financial Statements - continued for the Year Ended 31 December 2020
## **9. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
|Trade debtors
Tax
VAT
**10.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Trade creditors
**11.**
**MOVEMENT IN FUNDS**
At 1.1.20
£
**Unrestricted funds**
General fund
1,793,995
**TOTAL FUNDS**
1,793,995
Net movement in funds, included in the above are as follows:
Incoming
resources
£
**Unrestricted funds**
General fund
54,143
**TOTAL FUNDS**
54,143
**Comparatives for movement in funds**
At 1.1.19
£
**Unrestricted funds**
General fund
1,795,534
**TOTAL FUNDS**
1,795,534|2020
£
120
6,085
565
6,770
2020
£
1,933
Net
movement
in funds
£
9,902
9,902
Resources
expended
£
(44,241)
(44,241)
Net
movement
in funds
£
(1,539)
(1,539)|2019
£
237
4,627
329
5,193
2019
£
866
At
31.12.20
£
1,803,897|2019
£
237
4,627
329|
|---|---|---|---|
||||5,193|
||||2019
£
866|
|||1,803,897||
|||Movement
in funds
£
9,902
9,902
At
31.12.19
£
1,793,995||
|||1,793,995||
continued...
Page 13
The Universal White Brotherhood UK
## Notes to the Financial Statements - continued for the Year Ended 31 December 2020
## **11. MOVEMENT IN FUNDS - continued**
Comparative net movement in funds, included in the above are as follows:
|Incoming
resources
£
**Unrestricted funds**
General fund
56,132
**TOTAL FUNDS**
56,132
A current year 12 months and prior year 12 months combined position is as follows:
At 1.1.19
£
**Unrestricted funds**
General fund
1,795,534
**TOTAL FUNDS**
1,795,534|Resources
expended
£
(57,671)
(57,671)
Net
movement
in funds
£
8,363
8,363|Movement
in funds
£
(1,539)
(1,539)
At
31.12.20
£
1,803,897|
|---|---|---|
|||1,803,897|
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
||Incoming|Resources|Movement|
|---|---|---|---|
||resources|expended|in funds|
||£|£|£|
|**Unrestricted funds**||||
|General fund|110,275|(101,912)|8,363|
|**TOTAL FUNDS**|110,275|(101,912)|8,363|
continued...
Page 14
The Universal White Brotherhood UK
Notes to the Financial Statements - continued for the Year Ended 31 December 2020
## **12. RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 31 December 2020.
Page 15
The Universal White Brotherhood UK
## Detailed Statement of Financial Activities for the Year Ended 31 December 2020
||2020|2019|
|---|---|---|
||£|£|
|**INCOME AND ENDOWMENTS**|||
|**Donations and legacies**|||
|Gifts|21,739|14,568|
|Donations|10,389|13,126|
|Subscriptions|3,635|4,545|
|Doves Nest contributions|394|1,104|
||36,157|33,343|
|**Other trading activities**|||
|Book sales|5,679|6,630|
|Post and packing|1,017|856|
||6,696|7,486|
|**Investment income**|||
|Rents received|5,115|10,541|
|Tax reclaimed|6,085|4,627|
|Deposit account interest|104|142|
|Foreign exchange gain/(losses)|(14)|(7)|
||11,290|15,303|
|**Total incoming resources**|54,143|56,132|
|**EXPENDITURE**|||
|**Other trading activities**|||
|Purchases|2,836|3,379|
|Printing and Stationery|524|1,028|
|Telephone expenses|-|21|
|Computer and Broadband|2,240|2,177|
|Motor expenses|1,769|2,036|
|Travel and accommodation|248|952|
|Exhibition costs|396|1,786|
|Self Employed labour|1,200|1,300|
|Carriage|1,368|1,091|
|Transport and import costs|142|295|
|Accountancy|1,315|2,514|
|Bank charges|168|125|
|Credit card charges|499|675|
||12,705|17,379|
This page does not form part of the statutory financial statements
Page 16
The Universal White Brotherhood UK
|**Other trading activities**
**Charitable activities**
Rates and water
Insurance
Light and heat
Household and food
Meeting expenses
Donations
Telephone
Postage and stationery
Repairs and Property Maintenance
Grounds Maintenance
**Other**
Depreciation of office equipment
Motor vehicles
Depreciation of furniture and fittings
Total resources expended
**Net income/(expenditure)**|Detailed Statement of Financial Activities
for the Year Ended 31 December 2020
2020
2019
£
£
4,529
4,312
4,194
3,966
8,885
10,416
8,138
12,722
-
2,320
-
513
2,448
2,050
95
190
1,875
2,053
454
818
30,618
39,360
15
18
859
859
44
55
918
932
44,241
57,671
9,902
(1,539)|
|---|---|
|||
This page does not form part of the statutory financial statements
Page 17