||||||||| |---|---|---|---|---|---|---|---| ||**Trustees' Annual Report for the period**||||||| |**From **|Period start date|||**To**|Period end date||| ||01|Jun|2021||31|May|2022| Section A Reference and administration details **Charity name Sri Venkateswara Balaji Temple & Cultural Centre** **Other names charity is known by SVBTCC** **Registered charity number (if any)** 1181618 |**Charity's principal address**|
Grosvenor House|| |---|---|---| ||147, The Broad Way|| ||London|| ||**Postcode**|**W13 9BE**| **Names of the charity trustees who manage the charity** |



|**Trustee name**|**Office (if any)**|**Dates acted if not for**
**whole year**|**Name of person (or body) entitled**
**to appoint trustee (if any)**| |---|---|---|---|---| ||Mrs. Kamala Rao Kotcherlakota|Secretary|NA|SVBTCC Life Members| ||Mr. Srinivasa Sarma Yadati||NA|SVBTCC Life Members| ||Mr. Praveen Kumar Yadav Musti||NA|SVBTCC Life Members| ||Mr. Chandra Shekar Goud Ceeka||NA|SVBTCC Life Members| ||Mr. Ramulu Dasoju|Chair|NA|Appointed byTrustees| **Names of the trustees for the charity, if any, (for example, any custodian trustees)** **Name Dates acted if not for whole year** **Names and addresses of advisers (Optional information)** **TAR** 1 |**Type of adviser**
**Name**
**Address**|**Type of adviser**
**Name**
**Address**|**Type of adviser**
**Name**
**Address**| |---|---|---| |FINANCIAL ADVISER|Mr. LEKH NATH GHIMIRE|GNS Associates Ltd, Boundary House,
Cricket Field Road, Uxbridge, UB8 1QG| |||| |||| |||| **Name of chief executive or names of senior staff members (Optional information)** ## Mr. Ramulu Dasoju ## **Section B Structure, governance and management** **Description of the charity’s trusts** Type of governing document (eg. trust deed, constitution)[Articles of Association adopted 08][th][ October 2018 ] - How the charity is constituted - (eg. trust, association, company)[Articles of Association adopted 08][th][ October 2018 ] Trustee selection methods - (eg. appointed by, elected by)[Elected by Life Members ] ## **Additional governance issues (Optional information)** You **may choose** to include additional information, where relevant, about: N.A - policies and procedures adopted for the induction and training of trustees; - the charity’s organisational structure and any wider network with which the charity works; - relationship with any related parties; - trustees’ consideration of major risks and the system and procedures to manage them. ## **Section C Objectives and activities** **The advancement of the Hindu Sanatana Dharma (Hindu religion) among communities by:** **Summary of the objects of the charity set out in its governing document** - a. The provision of safe and easy access for regular worship and fellowship. - b. Raising awareness about ‘Hindu Sanatana Dharma’ (Hinduism) and inculcating Hindu values and culture in our family life and to foster pride in our heritage among the younger generation. **TAR** 2 - c. Raising awareness of yoga, meditation, the arts, spiritual and inter-religious education to promote religious and social tolerance. - d. Working with other interfaith groups to promote harmony, integration and peace - e. Establishing a Cultural Centre and a Temple for worship in order to achieve the objective. **Report and records of SVBTCC fund raising events conducted: Conducted SVBTCC Calendar events o Sri Venkateshwara Kalyanam 2022 o Sri Sita Rama Kalyanam-2022 and this year it will be performed on 16th April ’23, Sunday Connect with Children: SVBTCC- Strategic Plan 2023 & beyond Statement of Trustees’ Responsibilities Summary of the main o Baala Mitra Classes for children – will be resumed once the temple is opened. activities undertaken for the Connect with Devotees: public benefit in relation to o Samoohika Vishnu Sahasra Nama Parayana - Monthly these objects (include within o Group chanting on special festival days this section the statutory declaration that trustees have o Provide monthly (Lunar Based) calendar at the beginning of the month had regard to the guidance providing a list of significant days issued by the Charity Constantly propagating about SVBTCC in various towns/areas Commission on public benefit)** **Additional details of objectives and activities (Optional information)** **TAR** 3 The members of the managing committee at SVBTCC develop many policies that are used to raise funds, organise cultural programmes or charities. Every attempt is made to ensure the validity and legality of the policies. The policies are reviewed as and when required, if any concerns are raised by the Life members. You **may choose** to include further statements, where relevant, about: - Policy on grant making; - Policy programme related investment; All donations are raised from the community members voluntarily for each individual case and purposes. All the activities are executed by the Executive Committee, Functional Committee and volunteer members free of charge and only tasks that involve statutory/legal/specialised religious& cultural instances will be carried out by the professional on the minimum charge of payment as possible. - Contribution made by volunteers. Section D Achievements and performance **TAR** 4 Section D Achievements and performance **Summary of the main achievements MEMBERSHIP of the charity during the year** SVBTCC’s life membership has been increased substantially since its registration to Charity Commission and total number of Life Members up to this date is 85. **TAR** 5 **Section E Financial review** - **Brief statement of the charity’s** • Donations from devotees and membership fee is main source of funding for **policy on reserves** SVBTCC since inception. - • All funds deposited in a bank account, which can be evidenced through bank statement. - • Donations would be used for SVBTCC’s objectives/operations and Membership Fee added to ‘Corpus Fund’ for meeting long term objectives like or acquiring land for the temple or building a temple or buying a property for the temple/place of worship. **Details of any funds materially in** NIL **deficit** **Further financial review details (Optional information)** SVBTCC has ‘source funds before spend’ policy, all religious events were funded by You **may choose** to include additional devotees in the form of donations. information, where relevant about: - SVBTCC conducted various workshops and public/community awareness program in - 2018 & 2019 to see support from the community. - the charity’s principal sources of funds (including any fundraising); - Fundraising through personal contacts of the volunteers. - Devotees voluntarily provide financial support for events as given in section-C/Summary of main activities - how expenditure has supported the key objectives of the charity; - investment policy and objectives Refer to financial accounts submitted to HMRC for details of Payments and Receipts and - including any ethical investment also Balance Sheet as on 31[st] May 2021 - policy adopted. ## **Section F Other optional information** ## **Section G Declaration** **The trustees declare that they have approved the trustees’ report above.** **Signed on behalf of the charity’s trustees** **Signature(s)** Ramulu Dasoju (Mar 31, 2023 12:44 GMT+1) **Full name(s)** Mr. Ramulu Dasoju **Position (eg Secretary, Chair,** Chairman **etc)** **Date** 29/03/2023 **TAR** 6 TAR **Charity No. 1181618** SRI VENKATESHWARA (BALAJI) TEMPLE & CULTURAL CENTRE Receipts and Payments Accounts for the year ended 31 May 2022 **GNS Associates Limited Chartered Accountants & Tax Advisors Boundary House Cricket Field Road Uxbridge UB8 1QG** ## **SRI VENKATESHWARA (BALAJI) TEMPLE & CULTURAL CENTRE Contents** ||**Page**| |---|---| |Information|1| |Approval statement|2| |Accountants' report|3| |Receipts and payments accounts|4| |Balance sheet|5| |Notes|| for the year ended 31 May 2022 Boundary House ## **SRI VENKATESHWARA (BALAJI) TEMPLE & CULTURAL CENTRE Business Information** ## **Executive Committee** - 1 Kamala Rao kotcherlakota 2 Shaker Goud Ceeka Chandra 3 Praveen Kumar Yadav Musti 4 Srinivasa Sarma Yadati - 5 Dr Ramulu Dasoju Trustee Trustee Trustee Trustee Chair ## **Accountants** GNS Associates Limited Chartered Accountants & Tax Advisors Boundary House Cricket Field Road Uxbridge UB8 1QG ## **Business address:** Grosvenor House, 147 The Broadway West Ealing, London, United Kingdom W13 9BE 1 ## **SRI VENKATESHWARA (BALAJI) TEMPLE & CULTURAL CENTRE** ## **Approval statement** I approve these accounts which comprise the Receipts and Payments Accounts, Balance Sheet and related notes. I acknowledge my responsibility for the accounts, including the appropriateness of the accounting basis as set out in the notes, and for providing all the information and explanations necessary for their compilation. ## Ramulu Dasoju Ramulu Dasoju (Mar 10, 2023 16:05 GMT) Dr Ramulu Dasoju Chair 2 ## **SRI VENKATESHWARA (BALAJI) TEMPLE & CULTURAL CENTRE** ## **Accountants' report on the unaudited accounts to SRI VENKATESHWARA (BALAJI) TEMPLE & CULTURAL CENTRE** You have approved the accounts for the year ended 31 May 2022 which comprise the Receipts and Payments Accounts, Balance Sheet and related notes. In accordance with your instructions, we have compiled these unaudited accounts from the accounting records and information and explanations supplied to us. L N Ghimire GNS Associates Limited Chartered Accountants & Tax Advisors Boundary House Cricket Field Road Uxbridge UB8 1QG 10 March 2023 3 ## **SRI VENKATESHWARA (BALAJI) TEMPLE & CULTURAL CENTRE Receipts and Payments Accounts for the year ended 31 May 2022** |**Receipts:**
Donations
**Totals**
**Payments:**
**Accountancy fees**
**Advertising and PR**
**Bank charges**
**Depreciation**
**Sri Rama Kalyanam**
**Legal and professional fees**
**Office expenses**
**Subscription**
**Totals**
**Surplus**|**Amount £**
161,861.76| |---|---| ||**161,861.76**| ||600.00
110.40
140.42
1,305.00
7,018.61
9,970.00
300.00
156.00| ||**19,600.43**| ||| ||**142,261.33**| 4 ## **SRI VENKATESHWARA (BALAJI) TEMPLE & CULTURAL CENTRE Balance Sheet as at 31 May 2021** |**Notes**
**Fixed assets**
Furniture and fixtures
Cost -b/fwd
Depn-charge
Depn-b/fwd
**Current assets**
Advances
Bank and cash balances
**for the year ended 31 May 2021**
Sundry creditors
**Net Current Assets**
**Non current liabilities**
Devotee Loan
**Net Assets**
**Capital account**
Balance b/f from previous year
Surplus for this year|**Amount £**
13,050.00
(1,305.00)
(1,305.00)
10,440.00
91,310.00
284,445.00
375,755.00
600.00
600.00
375,155.00
(138,000.00)
(138,000.00)
**247,595.00**
105,334.00
142,261.00
**247,595.00**|**Amount £**
13,050.00
(1,305.00)
(1,305.00)
10,440.00
91,310.00
284,445.00
375,755.00
600.00
600.00
375,155.00
(138,000.00)
(138,000.00)
**247,595.00**
105,334.00
142,261.00
**247,595.00**| |---|---|---| |||| |||**247,595.00**| |||105,334.00
142,261.00| |||**247,595.00**| ## Ramulu Dasoju Ramulu Dasoju (Mar 10, 2023 16:05 GMT) 5 ## Accounts- SRI VENKATESHWARA (BALAJI) TEMPLE & CULTURAL CENTRE-Year Ended ## 31st May 2022 Final Audit Report 2023-03-10 Created: 2023-03-10 By: GNS Associates (info@gnsassociates.co.uk) Status: Signed Transaction ID: CBJCHBCAABAA_REmURlocxKDLFwjSPkDF_YJ6iTlo5ZG "Accounts- SRI VENKATESHWARA (BALAJI) TEMPLE & CULT URAL CENTRE-Year Ended 31st May 2022" History ## Document created by GNS Associates (info@gnsassociates.co.uk) 2023-03-10 - 3:58:42 PM GMT- IP address: 51.143.247.130 ## Document emailed to drdasoju@gmail.com for signature 2023-03-10 - 3:59:46 PM GMT ## Email viewed by drdasoju@gmail.com 2023-03-10 - 4:03:59 PM GMT- IP address: 66.249.93.225 Signer drdasoju@gmail.com entered name at signing as Ramulu Dasoju 2023-03-10 - 4:05:24 PM GMT- IP address: 31.94.17.35 ## Document e-signed by Ramulu Dasoju (drdasoju@gmail.com) Signature Date: 2023-03-10 - 4:05:26 PM GMT - Time Source: server- IP address: 31.94.17.35 ## Agreement completed. 2023-03-10 - 4:05:26 PM GMT Registered number: 11338581 **SRI VENKATESHWARA (BALAJI) TEMPLE & CULTURAL CENTRE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2022** ## **Sri Venkateshwara (Balaji) Temple & Cultural Centre Financial Statements For The Year Ended 31 May 2022** ## **Contents** ||**Page**| |---|---| |Company Information|1| |Accountants' Report|2| |Income and Expenditure Account|3| |Balance Sheet|4| |The following pages do not form part of the statutory accounts:|| |Detailed Income and Expenditure Account|5| **Sri Venkateshwara (Balaji) Temple & Cultural Centre Company Information For The Year Ended 31 May 2022** **Directors** Dr Ramulu Dasoju Dr Guduguntla Venkatesham **Secretary** Mrs Pavani Reddy Gaddam **Company Number** 11338581 **Registered Office** Grosvenor House 147 The Broadway West Ealing London W13 9BE **Accountants** GNS Associates Limited Chartered Certified Accountants Boundary House Cricket Field Road Uxbridge Middlesex UB8 1QG Page 1 ## **Sri Venkateshwara (Balaji) Temple & Cultural Centre Accountants' Report For The Year Ended 31 May 2022** ## **Report to the directors on the preparation of the unaudited statutory accounts of Sri Venkateshwara (Balaji) Temple & Cultural Centre for the year ended 31 May 2022** To assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Sri Venkateshwara (Balaji) Temple & Cultural Centre which comprise the Income and Expenditure Account, the Balance Sheet and the related notes, from the company’s accounting records and from information and explanations you have given us. As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html. This report is made to the directors of Sri Venkateshwara (Balaji) Temple & Cultural Centre, as a body, in accordance with the terms of our engagement letter dated . Our work has been undertaken solely to prepare for your approval the accounts of Sri Venkateshwara (Balaji) Temple & Cultural Centre and state those matters that we have agreed to state to the directors of Sri Venkateshwara (Balaji) Temple & Cultural Centre, as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Sri Venkateshwara (Balaji) Temple & Cultural Centre and its directors as a body for our work or for this report. It is your duty to ensure that Sri Venkateshwara (Balaji) Temple & Cultural Centre has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Sri Venkateshwara (Balaji) Temple & Cultural Centre. You consider that Sri Venkateshwara (Balaji) Temple & Cultural Centre is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit or a review of the accounts of Sri Venkateshwara (Balaji) Temple & Cultural Centre. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements. Signed ## 13/03/2023 GNS Associates Limited Chartered Certified Accountants Boundary House Cricket Field Road Uxbridge Middlesex UB8 1QG Page 2 ## **Sri Venkateshwara (Balaji) Temple & Cultural Centre Income and Expenditure Account For The Year Ended 31 May 2022** |**TURNOVER**
Depreciation and other amounts written off assets
Other charges
**NET SURPLUS**|**2022**
**£**
161,862
(1,305)
(18,296)
142,261|**2021**
**£**
20,944
(1,305)
(2,454)| |---|---|---| |||17,185| Page 3 ## **Sri Venkateshwara (Balaji) Temple & Cultural Centre Balance Sheet As at 31 May 2022** |Fixed assets
Current assets
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT LIABILITIES**
Creditors: Amounts Falling After More Than One Year
Accruals and deferred income
**NET ASSETS**
**RESERVES**|**2022**
**£**
10,440
375,755|**2021**
**£**
11,745
94,189| |---|---|---| ||375,755|94,189| ||386,195|105,934| ||(138,000)
(600)|-
(600)| ||247,595|105,334| ||247,595|105,334| ## Notes ## 1. **Average Number of Employees** Average number of employees, including directors, during the year was as follows: NIL (2021: NIL) ## 2. **Company limited by guarantee** The company is limited by guarantee and has no share capital. Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1. ## 3. **General Information** Sri Venkateshwara (Balaji) Temple & Cultural Centre is a private company, limited by guarantee, incorporated in England & Wales, registered number 11338581. The registered office is Grosvenor House, 147 The Broadway, West Ealing, London, W13 9BE. For the year ending 31 May 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. These accounts have been prepared in accordance with the micro-entity provisions. On behalf of the board Dr Ramulu Dasoju Director 13/03/2023 Page 4 ## **Sri Venkateshwara (Balaji) Temple & Cultural Centre Detailed Income and Expenditure Account For The Year Ended 31 May 2022** |**TURNOVER**
Donation received
**DEPRECIATION AND OTHER AMOUNTS WRITTEN OFF ASSETS**
Depreciation
**OTHER CHARGES**
Repairs, renewals and maintenance
Advertising and marketing costs
Accountancy fees
Legal fees
Subscriptions
Bank charges
Programs & Events Expenses
**NET SURPLUS**|**2022**
**£**
**£**
161,862
1,305
(1,305)
300
110
600
9,970
156
140
7,020
(18,296)
142,261|**2022**
**£**
**£**
161,862
1,305
(1,305)
300
110
600
9,970
156
140
7,020
(18,296)
142,261|**2021**
**£**
**£**
20,944
1,305
(1,305)
-
106
(300)
-
-
60
2,588
(2,454)
17,185|**2021**
**£**
**£**
20,944
1,305
(1,305)
-
106
(300)
-
-
60
2,588
(2,454)
17,185| |---|---|---|---|---| |||||| |||142,261||17,185| Page 5