2022-12-31-accounts

	Page
Report of the Trustees	1 to 4
Independent Examiner's Report	5
Statement of Financial Activities	6
Balance Sheet	7
Cash Flow Statement	8
Notes to the Cash Flow Statement	9
Notes to the Financial Statements	10 to 15

Abhaya Rupa	Chairperson	29/10/2021
Rajesh David	Vice Chair	29/10/2021
Norman Martell / Nataraj	Treasurer	29/10/2021
Nicholas Edge / Swami SatyaDaya	Director	07/11/2021
Chris Evans / Swami	Assistant Director	29/10/2021
Krishnapremananda
Jane Wood / Gambhira		29/10/2021
Lisa Daymond King		29/10/2021
Russell Smithers / Yoga Bija		29/10/2021
Independent Examiner
Clay Shaw Butler
Chartered Accountants
24 Lammas Street
Carmarthen
Carmarthenshire
SA31 3AL

		Unrestricted
		funds
	Notes	£
INCOME AND ENDOWMENTS FROM
Donations and legacies	2	703,471
Charitable activities	4
Course fees		197,658
Accomodation		8,595
Sale of Literature		8,416
Ashram Sangha		26,285
Investment income	3	864
Total		945,289
EXPENDITURE ON
Charitable activities	5
Course fees		233,463
Accomodation		9,422
Sale of Literature		7,839
Ashram Sangha		10,767
Total		261,491
NET INCOME		683,798
TOTAL FUNDS CARRIED FORWARD		683,798

		Unrestricted
		funds
	Notes	£
FIXED ASSETS
Tangible assets	9	517,313
CURRENT ASSETS
Stocks	10	4,477
Debtors	11	13,525
Cash at bank and in hand		154,730
		172,732
CREDITORS
Amounts falling due within one year	12	(6,247)
NET CURRENT ASSETS		166,485
TOTAL ASSETS LESS CURRENT
LIABILITIES		683,798
NET ASSETS		683,798
FUNDS	13
Unrestricted funds		683,798
TOTAL FUNDS		683,798

	Notes	£
Cash flows from operating activities
Cash generated from operations	1	692,333
Net cash provided by operating activities		692,333
Cash flows from investing activities
Purchase of tangible fixed assets		(567,370)
Sale of tangible fixed assets		28,903
Interest received		864
Net cash (used in)/provided by investing activities		(537,603)
Change in cash and cash equivalents in
the reporting period		154,730
Cash and cash equivalents at the
beginning of the reporting period
Cash and cash equivalents at the end of
the reporting period		154,730

1.	RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES	RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES
		£
	Net income for the reporting period (as per the Statement of Financial
	Activities)	683,798
	Adjustments for:
	Depreciation charges	19,029
	Loss on disposal of fixed assets	2,125
	Interest received	(864)
	Increase in stocks	(4,477)
	Increase in debtors	(13,525)
	Increase in creditors	6,247
	Net cash provided by operations	692,333

	At 19.7.21	Cash flow	At 31.12.22
	£	£	£
Net cash
Cash at bank and in hand		154,730	154,730
	-	154,730	154,730
Total	-	154,730	154,730

DONATIONS AND LEGACIES
	£
Donations	700,099
Gift aid	3,372
	703,471

INVESTMENT INCOME
		£
Deposit account interest		864
INCOME FROM CHARITABLE ACTIVITIES
	Activity	£
Course fees	Course fees	186,617
YTTC course fees	Course fees	11,041
Accommodation	Accomodation	8,595
Sale of literature	Sale of Literature	8,416
Ashram Sangha	Ashram Sangha	26,285
		240,954

CHARITABLE ACTIVITIES COSTS
		Support
	Direct	costs (see
	Costs	note 6)	Totals
	£	£	£
Course fees	158,331	75,132	233,463
Accomodation	6,019	3,403	9,422
Sale of Literature	6,633	1,206	7,839
Ashram Sangha	5,418	5,349	10,767
	176,401	85,090	261,491

SUPPORT COSTS
			Governance
	Management	Finance	costs	Totals
	£	£	£	£
Course fees	64,681	7,831	2,620	75,132
Accomodation	2,944	331	128	3,403
Sale of Literature	1,076	34	96	1,206
Ashram Sangha	4,874	124	351	5,349
	73,575	8,320	3,195	85,090

	2022
	£
Swami SatyaDaya	8,345
Swami Krishnapremananda	7,485
	16,190

	2022
	£
Management fees	16,190
Resident allowance	21,904
	38,094

TANGIBLE FIXED ASSETS
			Improvements
		Long	to
		leasehold	property	Equipment
		£	£	£
COST
Additions		301,276	228,009	12,326
Disposals		-	(28,903)	(1,842)
At 31 December 2022		301,276	199,106	10,484
DEPRECIATION
At 19 July 2021		-	-	-
Charge for year		5,095	4,538	2,077
At 31 December 2022		5,095	4,538	2,077
NET BOOK VALUE
At 31 December 2022		296,181	194,568	8,407
	Fixtures
	and	Motor	Computer
	fittings	vehicles	equipment	Totals
	£	£	£	£
COST
Additions	17,162	6,769	1,828	567,370
Disposals	(283)	-	-	(31,028)
At 31 December 2022	16,879	6,769	1,828	536,342
DEPRECIATION
At 19 July 2021	-	3,645	-	3,645
Charge for year	2,549	-	1,125	15,384
At 31 December 2022	2,549	3,645	1,125	19,029
NET BOOK VALUE
At 31 December 2022	14,330	3,124	703	517,313

11.	DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
		£
	Other debtors	9,908
	Prepayments	3,617
		13,525
12.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
		£
	Social security and other taxes	185
	Other creditors	2,292
	Accrued expenses	3,770
		6,247

MOVEMENT IN FUNDS
	Net	Transfers
	movement	between	At
	in funds	funds	31.12.22
	£	£	£
Unrestricted funds
General fund	683,798	(60,710)	623,088
Renovation fund		60,710	60,710
	683,798	-	683,798
TOTAL FUNDS	683,798	-	683,798
Net movement in funds, included in the above are as follows:
	Incoming	Resources	Movement
	resources	expended	in funds
	£	£	£
Unrestricted funds
General fund	945,289	(261,491)	683,798
TOTAL FUNDS	945,289	(261,491)	683,798