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|
|---|---|---|
3
## **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**
|**`2 `**Tangible 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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