2025-04-30-accounts

Company Registered number 11645358 Charity Registered number 1187565

MITRASEVA (Company Limited by guarantee) Report and Accounts

30 April 2025

MITRASEVA Company registered number: 11645358 Charity registered number: 1187565 Directors and Trustees s' Report

The Trusteess present their report and accounts for the year ended 30 April 2025.

Business review

The Charity's principal activity during the year continued to 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 two major religious events in May 2024 and November 2024 with success, which were attended by devotees.

Directors

The following persons served as directors and trustees during the year:

Subramanian Gopalakrishnan

Rajagopalan Iyer

Rajja Rajagopalan

Small company provisions

This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.

This report was approved by the board on 30 March 2026 and signed on its behalf.

Rajja Rajagopalan Director

MITRASEVA Accountants' Report

Accountants' report to the directors of MITRASEVA

You consider that the company is exempt from an audit for the year ended 30 April 2025. You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year.

In accordance with your instructions, we have prepared the accounts 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 to us.

We have not carried out 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 0JF

30 March 2026

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MITRASEVA

Statement of financial activities for the year ended 30 April 2025

Incoming resources Expended resources Surplus for the year	2025 £ 124,000 (110,893) 13,107	2024 £ 96,767 (81,049) 15,718

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MITRASEVA Company registered number: 11645358 Charity registered number: 1187565 Balance Sheet as at 30 April 2025

Notes 2025 £ Fixed assets Tangible assets 2 4,302 Current assets Debtors 3 1,877 2,634 Cash at bank and in hand 71,395 46,941 73,272 49,575 Creditors: amounts falling due within one year 4 (25,651) (13,544) Net current assets 47,621 Net assets 51,923 Funds Unrestricted funds 5 51,923 Total funds 51,923	2024 £ 2,785 36,031 38,816
	38,816 38,816

The Trusteess are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.

The members have not required the company to obtain an audit in accordance with section 476 of the Act.

The directors and trustees acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.

Rajja Rajagopalan Director

Approved by the board on 30 March 2026

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MITRASEVA Notes to the Accounts for the year ended 30 April 2025

1 Accounting policies

Basis of preparation

The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard) and Accounting and Reporting by Charities issued in March 2005(SORP 2005).

Incoming resources

Incoming resources are included in the statement of financial activities when the Charity is entitled to the incomeand the amount can be quamtified with reasoinable accuracy.

Voluntary income is received by way of donations and sponsorships is included in full in the statement of financial activities when receivable.

The value of sevices provided by volunteers is not included as income.

Resources expended

Expenditure is recognised on n accrual basis as a liability is incurred. Costs of generating funds comprise the costs associated with attracting voluntary income.

Tangible fixed assets

Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

Fixtures and equipment

over 5 years

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

Debtors

Debtors are recognised at the settlement amount due after any discount is offered.

Creditors

Creditors are recognised when the Charity has a present obligation resulting from a past event that will result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably.

Provisions are normally recognised at their settlement amount.

Fund accounting

Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.

Designated funds are unrestricted funds earmarked by the trustees for a particular purpose. Restricted funds are subject to restrictions on their expenditure imposed by the donor.

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MITRASEVA Notes to the Accounts for the year ended 30 April 2025

2Tangible fixed assets Cost At 1 May 2024 Additions At 30 April 2025 Depreciation At 1 May 2024 Charge for the year At 30 April 2025 Net book value At 30 April 2025 At 30 April 2024 3 Debtors Trade debtors Other debtors 4 Creditors: amounts falling due within one year Directors loans Other creditors 5 Unrestricted funds At 1 May 2024 Surplus for the year At 30 April 2025	2025 £ 1,877 1,877		Furniture and equipment £ 3,789 2,843 6,632
			1,004 1,326 2,330
			4,302
			2,785
			2024 £ 204 2,430 2,634
	2025 £ 10,722 14,929 25,651		2024 £ 6,303 7,241 13,544
	2025 £ 38,816 13,107 51,923		2024 £ 23,098 15,718 38,816

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MITRASEVA Notes to the Accounts for the year ended 30 April 2025

6 Related party transactions Directors/Trustees loans Subramanian Gopalakrishnan Loan Rajagopalan Iyer Loan Rajja Rajagopalan Loan	B/fwd £ 51 Paid £ Repaid £ C/fwd £ 51 5,835 3,465 9,300 417 954 6,303 4,419 1,371 10,722

7	Guarantees made by the company on behalf of directors	Guarantees made by the company on behalf of directors
	Main terms	Maximum	Amount paid
		liability	and incurred
		£	£
	Subramanian Gopalakrishnan
	Guarantee	50
	Rajagopalan Iyer
	Guarantee	50
	Rajja Rajagopalan
	Guarantee	50
		150

8 Controlling party

The company is limited by guarantee and inaccordance with the Articles of Association, control is vested in the directors/trustees.

9 Other information

MITRASEVA is a private company limited by guarantee and incorporated in England. Its registered office is: 78 Mout Stewart Avenue Harrow Middlesex HA3 0JY

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MITRASEVA

Detailed statement of financial activities for the year ended 30 April 2025

This schedule does not form part of the statutory accounts

Incoming resources Voluntary donations Sponsorships Gift aid tax Total incoming resources 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 costs Motor expenses Bank charges Accountancy fees Depreciation Bad debt Sundry expenses Total expended resources Total unrestricted funds carried forward	2025 £ 117,398 6,602 124,000 31,115 37,469 2,326 4,651 4,399 564 8,650 11,727 4,810 925 402 1,000 1,326 1,204 325 110,893 13,107	2024 £ 72,376 7,901 16,490 96,767
		21,941 22,413 4,525 4,000 3,628 4,221 5,700 2,248 7,816 1,928 552 1,000 758 319 81,049 15,718

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