## ## ## ||**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| ## ## ##