Company Registered number 11645358 Charity Registered number 1187565 MITRASEVA (Company Limited by guarantee) Report and Accounts 30 April 2024 MITRASEVA Company registered number. 11645358 Charity registered number- 1187565 Directors and Trustees s. Report The Trusleess present their ferKJrt and accounts for the year ended 30 April 2024. Buslness review The Charills principal activity during the year continued lo be that of promoting Indian traditional and contemporary fine art, music, drama. dance. conserts, lectures. competitions and religious discourses. During the year the Charity conducted a religious event from 24th November lo 26th November with success wilh attendance ty a nUM￿r of devotees. On 27 April 2024, Ihe Charity changed its name from Shri Radha Madhav Kalyana Maholsav to Milrasèva. Directorn The following persons served as directors arKJ Iruslees during the year.. Subramanian Gopalakrishnan Rajagopalan lyer Rajja Rajagopalan Small company provisions This report has been prgpared in accrffdance wlh the provisions in Part 15 of th& Companies Act 2006 applicable lo cornpanies subject lo Ihe small companies regime. This report was approved by the board on 20 Apnl 2025 and swJned on tis b8half. Rajja Rajagopalan Director MITRASEVA Accountants, Report Accountants. report to the directors of MITRASEVA You consider that the company is exempl from an audil for the year ended 30 April 2024. You have acknowledged, on the balance sheet. your responsibilitie5 for complying with the requirements of the Companies Act 2￿)6 wlh respecl to accounling records and the preparation of accoun15. These responsibilities include preparing accounts that give a true and fair view of the slate of affairs of the company al the end of Ihe financial year and of ils profil or loss for Ihe financial year. In accordance Wblh your instructions. we have prepared the acwunls which Comprise the Profit and Loss Account. the Balance Sheet and the related notes from the accounting records of the company and on the basis of information and explanations you have given lo us. We have not carried oul an audit or any other review, and consequently we do not express any opinion on these accounts. Kingsley Brackmann Partnership Chartered Certified Accountants 64 Woodcock Hill Harrow Middlesex HA3 OJF 20 April 2025 MITRASEVA Statement of financial activities for the year ended 30 April 2024 2024 2023 Incoming resources 96.767 78.034 Expended resources {81.0491 (72.2451 Surplus for the year 15,718 5,789 MITRASEVA Company registered number: Charity registered number: Balance Sheet as at 30 April 2024 11645358 1187565 Notes 2024 2023 Flxed assets Tangible assets 2.785 985 Currgnt assots Stocks Debtors Cash at bank and in hand 603 11,964 18.555 31,122 2.634 46.941 49.575 Credltorn: amounts falling du• wSthln one year (13.544) (9,009) Net current assets 36,031 22,113 Not assets 38.816 23,098 Funds Unreslricled funds 38.816 23,098 Total funds 38,816 23,098 The Trusleess are satisfied that the ￿MpanY is enlilled lo exemption from the requirement lo obtain an audit under section 477 of the Companies Act 2006. The members have nol required the company lo obtain an audit in accordance wlh section 476 of the Act. The ¢Jlreclors and trustee5 ackrKwAedge their responsibilities for complyng with the requirements of the Companiés Ael 2006 wlh respect to a¢¢ounling records and the preparation of accounts. The accounts have been ￿pared and delivered in accordance wth the special provisions applicable lo companies subject lo the small companies regime. The profil and loss account has not been delivered lo the R￿l$trar of Companies. RaJJa Rajagopalan Director Approved by the ￿ard on 20 April 2025 MITRASEVA Notes to the Accounts for the year ended 30 Aprll 2024 1 Accounting poli¢i¢s Basls of preparation The accounts have been prepared under the historical cost convention and in accordance vthh FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland las applied to small entities by section 1A of the standaftl) and Accounting and Reporting by Charities issued in March 2005(SORP 2005). Incomlng re50urGe$ Incoming resources are induded in the slalemenl of financial activities vthen the Charity is entitled to the incomeand the amount can be quamlifie(J wilh reasoinable accuracy. Voluntary income is received by way of donations and sponsorships is included In full in the slalement of financial activities when receivable. The value of sevices provided by volunteers is not includBd as income. ResoU￿e$ expended Expenditure is recogni5ed on n accnjal basis as a liability 1$ incurred. Costs of generaling funds comprise the costs associated with attracting voluntary income. Tanglble fixed assets Tangible fixed assets are measured al cost less accumulative d8pTecialion and any acc#Jmulallve impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, al rates calculated lo write off the cost. less estimated residual value, of each asset evenly over ils expeclgd useful life, as follows: Fixtures and equipment over 5 ￿rS Stocks Stocks are measured al the lower of cost and estimated selling price less costs lo complete and sell. Cosl is determined using the first in first out method. The carrwng amount of stock sold is recognised as an expense in the perK)d in wh￿h the relaled revenue is recognised. Debfors Debtors are recognised at settlement amount due after any discount is offered. Creditors Creditors are rewgnised when the Charity has a present obligation resulling from a past event that will result in the transfer of fvnds lo a Ihird party and Ihe amount due to settle the obligation can be measured or estimated reliably. Provisions are nomially recognised at their settlement amount. Fund acwunting Unrestricted funds are available for use at the d￿cretion of the truslees in furtherance of the general objectives of the charity. Designated funds are unrestricted funds eamiarked by th8 trustees for a particular purpose. Restricted furKls are subject lo restriclions on their expernjilu￿ imwsed by the dorK>r. MITRASEVA Notes to the Accounts for the year ended 30 Aprll 2024 2 Tangible flxed assets Furnlture and equipment Cost Al 1 May 2023 Additions At 30 April 2024 1,231 2,558 3.789 Depreciation Al 1 May 2023 Charge for the year AI 30 April 2024 246 758 1,004 Net book valu• AI 30 April 2024 2,785 AI 30 April 2023 985 3 Debtors 2024 2023 Trad8 debtors Other debtors 204 2.430 2.634 704 11,260 11,964 4 Crndltors: amounts falllng due within one ythr 2024 2023 Directors loans Other creditors 6,303 7,241 13,544 5,556 3.453 9,009 5 Unrostrlcted funds 2024 2023 Al 1 May 2023 Surplus for the year AI 30 April 2024 23,098 15,718 38,816 17,309 5,789 23,098 MITRASEVA Notes to the Accounts for the year ended 30 April 2024 6 Related party transactlons DIrectorn￿rusteeS loans Blfwd Pald Repaid Clfvid Subramanian Gopalakrishnan Loan 619 (5681 51 Rajagopalan lyer Loan 4,738 1.097 5,835 RaJJ'a Rajagopalan Loan 199 218 417 5,556 1,315 6,303 7 GuarantewJ made by the company on behalf of directors Main tèmis Maximum Amount pald liabS11ty and incurred Subramanian Gopalakrishnan Guarantee Rajagopalan lyer Guarante8 Raiia Rajagopalan Guarantee 8 Controlllng party The company is limited by guarantee and inacc￿￿an¢e wth the Articles of Association, control is vested in the directorsllruslees. 9 Other Infomiatlon MITRASEVA is a private Company limrted by guarantee and incorporated in England. Its registered office is- 78 Moul Stewart Avenue Harrow Middlesex HA3 OJY MITRASEVA Detailed statement of financial activities for the year ended 30 April 2024 This schedule does not lorm part of the statutw accounts 2024 2023 Incoming resources Voluntary donations Sponsorships Gifi aid lax Total incorning resources 72.376 7.9)1 16.49J 96.767 71,034 7,000 78,034 Expended resources General administrative expenses- Venue costs Catering costs Decoration costs Artists costs Souvenier costs Publicity costs Audio and video costs Event management costs Travel and accomodation ¢o$ts Motor expenses Bank charges Accountancy fees Depreciation Sundry expenses Total exp•nded roiourc•8 21.941 22.413 4.525 14,702 19,997 3,935 4,500 4,513 3,686 3,600 2,444 11,746 1,254 425 1,000 246 197 72,245 3,628 4.221 5.700 2.248 7.816 1.928 552 758 319 81.049 Total unreslricled funds carried forward 15,718 5,789