Vivek Foundation (UK) Annual Report and Unaudited Financial Statements For the period ended 31 December 2021 Charity Registration No. 1193560 **Vivek Foundation (UK) Contents** ||**PAGE**| |---|---| |Legal and Administrative Information|1| |Statement of Financial Activities|2| |Balance Sheet|3| |Notes forming part of the Financial Statements|4 - 5| ## **Vivek Foundation (UK) Legal and Administrative Information** **Charity Name** Vivek Foundation (UK) **Charity Number** 1193560 **Trustees** Alexandra Isenegger Annabelle Gayle Buck Claudia Mandl **Registered Office** Leeming Building Vicar Lane Leeds LS2 7JF **Accountants** Moore Kingston Smith LLP 6th Floor 9 Appold Street London EC2A 2AP Page One **Vivek Foundation (UK) Statement of Financial Activities For the period ended 31 December 2021** |**Vivek Foundation (UK)**
**Statement of Financial Activities**
**For the period ended 31 December 2021**|||| |---|---|---|---| |**Note**
**Income from:**||**Unrestricted**
**Funds**
**2021**
**£**|**Total**
**2021**
**£**| |Charitable activities
**2**||1,739|1,739| |**Total**
**Expenditure on:**
Charitable activities
**3**
**Total**
**Net expenditure and net movements in funds**
**Reconciliation of funds:**
Total Funds bought forward
**Total Funds carried forward**||1,739
1,700
1,700
39
-
39|1,739
1,700
1,700
39
-
39| ||||| Page Two **Vivek Foundation (UK) Balance Sheet As at 31 December 2021** |**Note**
**Current Assets**
Cash at bank
**Creditors Amounts falling due**
**within one year**
**Net current assets**
**Net assets**
**Funds**
Unrestricted funds
**6**
**Total Funds**
Approved by the Trustees on………………………….. and signed on their behalf by:
................................................................
...............................................................
**Alexandra Isenegger**
**Annabelle Gayle Buck**
Trustee
Trustee
Charity No. 1193560
27/10/2022|**£**
**£**
39
39
-
39
39
39
39
.
**2021**|**£**
**£**
39
39
-
39
39
39
39
.
**2021**| |---|---|---| |||39| |||| |||39| |||| |||39| |||| Page Three **Vivek Foundation (UK) Notes to the Financial Statements For the period ended 31 December 2021** ## **1 Accounting Policies** ## **Charity information** Vivek Foundation (UK) is a charity registered in England and Wales. The registered office is Leeming Building, Vicar Lane, Leeds, LS2 7JF. ## **1.1 Basis of preparation** The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011. The Charity constitutes a public benefit entity as defined by FRS 102. The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest pound. The principal accounting policies, which are applied consistently, are set out below. ## **1.2 Going Concern** The trustees have assessed whether the use of the going concern basis is appropriate and have considered possible events or conditions that might cast significant doubt on the ability of the charity to continue as a going concern. The trustees have considered the impact the Covid-19 when making their assessment. The charity has a net assets position at the year end and the expectation is that income will increase. As a result the trustees believe that the charity will be able to continue its activities and meet its liabilities as they fall due for a period of at least twelve months from the date of approval of the financial statements. ## **1.3 Incoming Resources** All incoming resources are recognised once the charity has entitlement to the resources, it is certain that the resources will be received, and the monetary value of incoming resources can be measured with sufficient reliability. ## **1.4 Resources Expended** Liabilities are recognised as resources expended as soon as there is a legal or constructive obligation committing the charity to the expenditure. All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. ## **1.5 Critical Accounting Estimates and Areas of Judgement** In application of the Charity's accounting policies, the board is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an on-going basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised, if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods. There are no estimates and assumptions which are believed to have a significant risk of causing a material adjustment to the carrying amount of assets and liabilities in the current period. ## **1.6 Financial instuments** Cash and cash equivalents include cash at banks and in hand and short term deposits with a maturity date of three months or less. Page Four **Vivek Foundation (UK) Notes to the Financial Statements (Continued) For the period ended 31 December 2021** ## **2. Income** |**Charitable activities:**
Satsang events
**3.**
**Expenditure**|**Charitable activities:**
Satsang events
**3.**
**Expenditure**|**Charitable activities:**
Satsang events
**3.**
**Expenditure**|**Unrestricted**
**2021**
**£**| |---|---|---|---| ||||1,739| ||||| ||**Charitable activities:**||**Unrestricted**| ||||**2021**
**£**| ||Speaker's fees
**Total expenditure**||1,700
1,700| ||**Unrestricted**| |---|---| ||**2021**| ||**£**| |**Charitable activities:**|| |Speaker's fees|1,700| |**Total expenditure**|1,700| ## **4. Trustees and Key Management Personnel** None of the trustees received remuneration in the period. ## **5. Movement in Funds** |Unrestricted Funds|**At 16 February**
**2021**
**£**
-|**Income**
**£**
1,739|**Expenditure**
**£**
(1,700)|**Transfers**
**At 31 December**
**2021**
**£**
**£**
-
39| |---|---|---|---|---| ## **6. Allocation of Net Assets between Funds** |Unrestricted funds
Total funds|**Fixed**
**Assets**
**£**|**Current**
**Assets**
**£**|**Current**
**Liabilities**
**£**|**Total**
**£**| |---|---|---|---|---| |||||| ||-
-|39
39|-
-|39| |||||39| |||||| ## **7. Related Party Transactions** There were no related party transactions. Page Five