2024-05-31-accounts

	SRI VENKATESHWARA (BALAJI) TEMPLE & CULTURAL CENTRE Trustees' Annual Report for the period	SRI VENKATESHWARA (BALAJI) TEMPLE & CULTURAL CENTRE Trustees' Annual Report for the period	SRI VENKATESHWARA (BALAJI) TEMPLE & CULTURAL CENTRE Trustees' Annual Report for the period	SRI VENKATESHWARA (BALAJI) TEMPLE & CULTURAL CENTRE Trustees' Annual Report for the period	SRI VENKATESHWARA (BALAJI) TEMPLE & CULTURAL CENTRE Trustees' Annual Report for the period	SRI VENKATESHWARA (BALAJI) TEMPLE & CULTURAL CENTRE Trustees' Annual Report for the period	SRI VENKATESHWARA (BALAJI) TEMPLE & CULTURAL CENTRE Trustees' Annual Report for the period	SRI VENKATESHWARA (BALAJI) TEMPLE & CULTURAL CENTRE Trustees' Annual Report for the period
	From	Period start date			To	Period end date
		01	Jun	2023		31	May	2024

Section A Reference and administration details

Charity name SRI VENKATESHWARA (BALAJI) TEMPLE & CULTURAL CENTRE

Other names charity is known by SVBTCC

Registered charity number (if any) 1181618

Charity's principal address Grosvenor House 147, 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)
1		Dr. Ramulu Dasoju	Chair	NA	Appointed by Board of Trustees
2		Mrs.Pavani Reddy Gaddam	Secretory	NA	Appointed by Board of Trustees
3		Mr. Praveen Kumar Yadav Musti	Trustee	NA	SVBTCC Life Members
4		Mrs.Kamala Rao Kotcherlakota	Trustee	NA	SVBTCC Life Members
5		Mr. Suresh ReddyGaddam	Trustee	NA	SVBTCC Life Members
6		Mr. Suresh Gopathi	Trustee	NA	SVBTCC Life Members
7		Mr Krishna Kishore Chivukula	Trustee	NA	SVBTCC Life Members
8		Mr .Bhaskar Neela	Trustee	NA	SVBTCC Life Members
		Names of the trustees for the charity, if any, (for example, any custodian trustees)
		Name		Dates acted if not for wholeyear

Names and addresses of advisers (Optional information)

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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)

Dr. 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

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our heritage among the younger generation.

• a. Raising awareness of yoga, meditation, the arts, spiritual and inter-religious education to promote religious and social tolerance.

• b. Working with other interfaith groups to promote harmony, integration and peace

• c. Establishing a Cultural Centre and a Temple for worship in order to achieve the objective.

Report and records of SVBTCC fund raising events conducted:

Regular Poojas and Special Events

Since our last Annual General Meeting (AGM), the temple has continued hosting regular Poojas and special Poojas to mark festivals and other significant occasions. Here are some of the key events and activities:

1. Sri Sita Rama Kalyanam 2024 – This auspicious scheduled event for 21st April 2024.

Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)

1. Sri Srinivasa Kalyanam 2023 in Feltham – A flagship annual event, it was a resounding success, bringing together over 500 devotees for a spiritually enriching experience.

2. Samoohika Satyanarayana Vratam in Slough – A community event dedicated to the worship of Lord Satyanarayana.

3. Baala Mitra Classes for Children – Engaging and educational programs designed for the younger generation.

4. Samoohika Vishnu Sahasra Nama Parayana – A monthly gathering for the collective recitation of the Vishnu Sahasra Nama.

5. Promotion of SVBTCC Across Towns/Areas – O ngoing efforts to raise awareness and propagate the message of SVBTCC in various communities

6. Encouragement of Devotees for Monthly/Quarterly/Yearly Direct Debits – Actively fostering a spirit of regular support through direct debit contributions.

7. We initiated a crowdfunding campaign through GoFundMe to seek support from the community in advancing SVBTCC's objectives.

8. A devotee organized a fundraising event for SVBTCC by participating in The Lexicon Bracknell Half Marathon , raising donations to support SVBTCC's objectives.

These events and initiatives have not only strengthened the temple’s activities but also deepened our connection with the community.

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Additional details of objectives and activities (Optional information)

Board of Trustees (BoT) of SVBTCC are responsible for developing various policies to guide fundraising efforts, organize cultural programs, and manage charitable initiatives. Every effort is made to ensure the validity, legality, and transparency of these policies. These policies are regularly reviewed and updated whenever necessary, particularly if any concerns are raised by Life Members.

All donations are voluntarily contributed by community members for specific purposes or individual cases.

You may choose to include further statements, where relevant, about:

• All activities are carried out by the Executive Committee and trustees with the

• ● Policy on grant making; help of volunteers. Only tasks that involve statutory, legal, or specialized religious and cultural requirements are handled by professionals, and these

• ● Policy programme related services are provided at the minimum possible charge.

• investment;

Volunteers: Volunteers form a crucial resource in Charity’s work and engage in most of Charity’s and community activities. The concept of service to others in need without expecting any reward named ‘SEVA’, is an important part of the ethos of charity.

• Contribution made by volunteers.

Section D Achievements and performance

Summary of the main achievements MEMBERSHIP of the charity during the year

Since its registration with the Charity Commission, SVBTCC has seen a significant increase in life membership. As of today, the total number of Life Members stands at 151. We have recently introduced Associate Membership and there are 8 members so far

Section E Financial review

1. Donations from devotees and membership fees have been the primary Brief statement of the charity’s sources of funding for SVBTCC since its inception. policy on reserves

2. All funds are deposited into a designated bank account, with transaction details available through bank statements. 3. Donations are used to support SVBTCC's objectives and operations, while membership fees are added to the savings, also paying off part of the loan. We are also raising awareness and funds to help achieve long-term goals, such as acquiring land, building a temple complex & Cultural centre in order to support and help local communities.

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Details of any funds materially in NIL deficit

Further financial review details (Optional information)

You may choose to include additional information, where relevant about:

• the charity’s principal sources of funds (including any fundraising);

• how expenditure has supported the key objectives of the charity;

• investment policy and objectives including any ethical investment policy adopted.

SVBTCC follows a "source funds before spending" policy, ensuring that all religious events are funded through donations from devotees.

• In 2018, 2019, 2023, 2024 SVBTCC organized various workshops and public/community awareness programs to garner support from the community.

• Fundraising efforts were also made through personal contacts of volunteers.

• Devotees voluntarily contribute financially to support events, as outlined in Section C Summary of Main Activities.

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 ramulu dasoju (Mar 17, 2025 16:57 GMT)

Full name(s) Dr. Ramulu Dasoju

Position (eg Secretary, Chair, Chairman etc)

Date

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Charity No. 1181618

SRI VENKATESHWARA (BALAJI) TEMPLE & CULTURAL CENTRE

Receipts and Payments Accounts

for the year ended 31 May 2024

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
Receipts and payments accounts	3
Balance sheet	4
Notes

for the year ended 31 May 2024

SRI VENKATESHWARA (BALAJI) TEMPLE & CULTURAL CENTRE Business Information

Executive Committee

• 1 Mr. Praveen Kumar Yadav Musti 2 Mrs.Kamala Rao Kotcherlakota

• 3 Mr. Suresh Reddy Gaddam

• 4 Mr. Suresh Gopathi

• 5 Mr Krishna Kishore Chivukula 6 Mr .Bhaskar Neela 7 Mrs.Pavani Reddy Gaddam 8 Dr Ramulu Dasoju

Trustee Trustee Trustee Trustee Trustee Trustee Secretory 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 17, 2025 16:57 GMT)

Dr Ramulu Dasoju Chair

2

SRI VENKATESHWARA (BALAJI) TEMPLE & CULTURAL CENTRE Receipts and Payments Accounts for the year ended 31 May 2024

Receipts: Donations (including Ramakalyanam, Balajikalyanam, SSV & The Lexicon Bracknell Half Marathon) Trustee Nomination Fee Totals Payments: Accountancy fee Advertising Bank charges Bank Loan Interest Bin Collection Building Insurance Cleaning Expense Council Tax Depreciation HL Loan Interest IT/Software/Card Reader Legal and professional fees Light and heat Total Office expenses, repairs & maintenance Planning Consulting Repairs and maintenance Telephone Web Development Fee Programs & Events Visa Fee Totals Surplus	Amount £ 138,534.97 928.00
	139,462.97
	1,281.50 204.03 132.00 36,417.91 189.70 5,490.13 628.00 503.05 1,305.00 2,038.77 581.50 11,251.40 12,263.60 343.61 1,450.00 4,302.20 180.23 4,053.03 41,239.58 438.00
	124,293.24
	15,169.73

3

SRI VENKATESHWARA (BALAJI) TEMPLE & CULTURAL CENTRE Balance Sheet as at 31 May 202 4

Notes Fixed assets Equipment & Jewellery(Donation) Equipment Addition Jewellery Addition Furniture and fixtures Addition Cost -b/fwd Depn-charge Depn-b/fwd Property, Plant, and Equipment Car Park-Addition Whynscar House, RG12 1BP Current assets Advances Bank and cash balances for the year ended 31 May 2024 Sundry creditors Net Current Assets Net Assets (before loan) HSBC Mortgage Capital account Balance b/f from previous year Surplus for this year	Amount £ 6,050.00 1,800.00 7,850.00 1,700.00 13,050.00 (1,305.00) 3,915.00 - 9,530.00 10,140.00 904,135.35 914,275.35 1,810.00 43,990.69 45,800.69 12,536.95 12,536.95 33,263.74 964,919.09 495,606.45 469,312.64 454,142.91 15,169.73 469,312.64	Amount £ 6,050.00 1,800.00 7,850.00 1,700.00 13,050.00 (1,305.00) 3,915.00 - 9,530.00 10,140.00 904,135.35 914,275.35 1,810.00 43,990.69 45,800.69 12,536.95 12,536.95 33,263.74 964,919.09 495,606.45 469,312.64 454,142.91 15,169.73 469,312.64
	45,800.69
	12,536.95
	12,536.95
	495,606.45
		964,919.09
		469,312.64 454,142.91 15,169.73
		469,312.64

4

Charity No. 1181618

SRI VENKATESHWARA (BALAJI) TEMPLE & CULTURAL CENTRE

Receipts and Payments Accounts

for the year ended 31 May 2024

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
Accountants' report	2
Receipts and payments accounts	3
Balance sheet	4
Notes

for the year ended 31 May 2024

SRI VENKATESHWARA (BALAJI) TEMPLE & CULTURAL CENTRE Business Information

Executive Committee

• 1 Mr. Praveen Kumar Yadav Musti 2 Mrs.Kamala Rao Kotcherlakota

• 3 Mr. Suresh Reddy Gaddam

• 4 Mr. Suresh Gopathi

• 5 Mr Krishna Kishore Chivukula 6 Mr .Bhaskar Neela 7 Mrs.Pavani Reddy Gaddam 8 Dr Ramulu Dasoju

Trustee Trustee Trustee Trustee Trustee Trustee Secretory 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

Accountants' report on the unaudited accounts to SRI VENKATESHWARA (BALAJI) TEMPLE & CULTURAL CENTRE

You have approved the accounts for the year ended 31 May 2024 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

19 March 2025

2

SRI VENKATESHWARA (BALAJI) TEMPLE & CULTURAL CENTRE Receipts and Payments Accounts for the year ended 31 May 2024

Receipts: Donations (including Ramakalyanam, Balajikalyanam, SSV & The Lexicon Bracknell Half Marathon) Trustee Nomination Fee Totals Payments: Accountancy fee Advertising Bank charges Bank Loan Interest Bin Collection Building Insurance Cleaning Expense Council Tax Depreciation HL Loan Interest IT/Software/Card Reader Legal and professional fees Light and heat Total Office expenses, repairs & maintenance Planning Consulting Repairs and maintenance Telephone Web Development Fee Programs & Events Visa Fee Totals Surplus	Amount £ 138,534.97 928.00
	139,462.97
	1,281.50 204.03 132.00 36,417.91 189.70 5,490.13 628.00 503.05 1,305.00 2,038.77 581.50 11,251.40 12,263.60 343.61 1,450.00 4,302.20 180.23 4,053.03 41,239.58 438.00
	124,293.24
	15,169.73

3

SRI VENKATESHWARA (BALAJI) TEMPLE & CULTURAL CENTRE Balance Sheet as at 31 May 202 4

Notes Fixed assets Equipment & Jewellery(Donation) Equipment Addition Jewellery Addition Furniture and fixtures Addition Cost -b/fwd Depn-charge Depn-b/fwd Property, Plant, and Equipment Car Park-Addition Whynscar House, RG12 1BP Current assets Advances Bank and cash balances for the year ended 31 May 2024 Sundry creditors Net Current Assets Net Assets (before loan) HSBC Mortgage Capital account Balance b/f from previous year Surplus for this year	Amount £ 6,050.00 1,800.00 7,850.00 1,700.00 13,050.00 (1,305.00) 3,915.00 - 9,530.00 10,140.00 904,135.35 914,275.35 1,810.00 43,990.69 45,800.69 12,536.95 12,536.95 33,263.74 964,919.09 495,606.45 469,312.64 454,142.91 15,169.73 469,312.64	Amount £ 6,050.00 1,800.00 7,850.00 1,700.00 13,050.00 (1,305.00) 3,915.00 - 9,530.00 10,140.00 904,135.35 914,275.35 1,810.00 43,990.69 45,800.69 12,536.95 12,536.95 33,263.74 964,919.09 495,606.45 469,312.64 454,142.91 15,169.73 469,312.64
	45,800.69
	12,536.95
	12,536.95
	495,606.45
		964,919.09
		469,312.64 454,142.91 15,169.73
		469,312.64

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