| Abhaya Rupa | Chairperson | Chairperson | |
|---|---|---|---|
| Lisa Daymond | King | Vice Chairperson | |
| Chris Evans aka Sw. Krishnaprem | Secretary | ||
| Jane Wood / Gambhira | Treasurer | ||
| Russell Smithers | |||
| Nick Edge/ aka | Sw. SatyaDaya | ||
| Rajesh David | resigned | 03/03/2024 | |
| Norman Martell |
|||
| Sandra O' Shea | appointed | 03/03/2024 |
| Period | |||||
|---|---|---|---|---|---|
| 19.7.21 | |||||
| Year Ended | to | ||||
| 31.12.23 | 31.12.22 | ||||
| Unrestricted | Total | ||||
| funds | funds | ||||
| Notes | |||||
| INCOME AND ENDOWMENTS FROM | |||||
| Donations and legacies |
58,255 | 703,471 | |||
| Charitable activities |
|||||
| Course fees | 193,999 | 197,658 | |||
| Accomodation | 8,444 | 8,595 | |||
| Sale ofLiterature | 7,304 | 8,416 | |||
| Ashram Sangha |
30,351 | 26,285 | |||
| Investment income |
2,541 | 864 | |||
| Total | 300,894 | 945,289 | |||
| EXPENDITURE | ON | ||||
| Charitable activities |
|||||
| Course fees | 200,203 | 233,463 | |||
| Accomodation | 5,152 | 9,422 | |||
| Sale ofLiterature | 2,695 | 7,839 | |||
| Ashram Sangha | 10,670 | 10,767 | |||
| Total | 218,720 | 261,491 | |||
| NET INCOME | 82,174 | 683,798 | |||
| RECONCILIATION | OF FUNDS | ||||
| Total funds brought | forward | 683,798 | |||
| TOTAL FUNDS CARRIED FORWARD | 765,972 | 683,798 |
| 31.12.23 | 31.12.22 | ||
|---|---|---|---|
| Unrestricted | Total | ||
| Notes | funds | fundsf | |
| FIXEDASSETS | |||
| Tangible assets | 10 | 621,683 | 517,313 |
| CURRENT ASSETS | |||
| Stocks | 11 | 4,510 | 4,477 |
| Debtors | 12 | 5,741 | 13,525 |
| Cash at bank and in hand | 141,374 | 154,730 | |
| 151,625 | 172,732 | ||
| CREDITORS | |||
| Amounts failing due within one year |
13 | (7,336) | (6,247) |
| NET CURRENT ASSETS | 144,289 | 166,485 | |
| TOTAL ASSETSLESSCURRENT | |||
| LIABILITIES | 765,972 | 683,798 | |
| NET ASSETS | 765,972 | 683,798 | |
| FUNDS | 14 | ||
| Unrestricted funds |
765,972 | 683,798 | |
| TOTAL FUNDS | 765,972 | 683,798 |
| Period | ||||||
|---|---|---|---|---|---|---|
| 19.7.21 | ||||||
| Year Ended | to | |||||
| 31.12.23 | 31.12.22 | |||||
| Notes | ||||||
| Cash flows from operating | activities | |||||
| Cash generated fiom operations |
105,169 | 692,333 | ||||
| Net cash provided by operating activities |
105,169 | 692,333 | ||||
| Cash flows from investing | activities | |||||
| Purchase oftangible fixed | assets | (121,066) | (567,370) | |||
| Sale oftangible fixed assets | 28,903 | |||||
| Interest received | 2,541 | 864 | ||||
| Net cash used in investing | activities | (118,525) | (537,603) | |||
| Change in cash and cash | equivalents | in | ||||
| the reporting period |
(13,356) | 154,730 | ||||
| Cash and cash equivalents | at the | |||||
| beginning ofthe reporting |
period | 154,730 | ||||
| Cash and cash equivalents | at the end | of | ||||
| the reporting period |
141,374 | 154,730 |
| Period | ||||
|---|---|---|---|---|
| 19.7.21 | ||||
| Year Ended | to | |||
| 31.12.23 | 31.12.22 | |||
| Net income for the | reporting | period (as per the Statement ofFinancial | ||
| Activities) | 82,174 | 683,798 | ||
| Adjustments for: |
||||
| Depreciation charges |
16,696 | 19,029 | ||
| Loss on disposal of | fixed assets | 2,125 | ||
| Interest received | (2,541) | (864) | ||
| Increase in stocks | (33) | (4,477) | ||
| Decrease/(increase) | in debtors | 7,784 | (13,525) | |
| Increase in creditors | 1,089 | 6,247 | ||
| Net cash provided | by operations | 105,169 | 692,333 |
| ANALYSIS OF CHANGES IN NET FUND | S | ||
|---|---|---|---|
| At 1.1.23 | Cash flow | At 31.12.23 | |
| Net cash | |||
| Cash at bank and in hand | 154,730 | (13,356) | 141,374 |
| 154,730 | (13,356) | 141,374 | |
| Total | 154,730 | (13,356) | 141,374 |
| DONATIO | NS AND LEGACIES |
||
|---|---|---|---|
| Period | |||
| 19.7.21 | |||
| Year Ended | to | ||
| 31.12.23 | 31.12.22 | ||
| Donations | 45,026 | 700,099 | |
| Gift aid | 11,876 | 3,372 | |
| Renewable | Heating Incentive | 1,353 | |
| 58,255 | 703,471 |
| INVESTMKNT INCOME | ||||
|---|---|---|---|---|
| Period | ||||
| 19.7.21 | ||||
| Year Ended | to | |||
| 31.12.23 | 31.12.22 | |||
| f | ||||
| Deposit account interest | 2,541 | 864 | ||
| INCOME FROM CHARITABLE ACTIVITIES | ||||
| Period | ||||
| 19.7.21 | ||||
| Year Ended | to | |||
| 31.12.23 | 31.12.22 | |||
| Activity | ||||
| Course fees | Course | fees | 135,552 | 186,617 |
| YTTC course fees | Course | fees | 58,447 | 11,041 |
| Accommodation | Accomodation | 8,444 | 8,595 | |
| Sale ofliterature | Sale of | Literature | 7,304 | 8,416 |
| Ashram Sangha | Ashram | Sangha | 30,351 | 26,285 |
| 240,098 | 240,954 |
| Support | ||||
|---|---|---|---|---|
| Direct | costs (see | |||
| Costs | note 6) | Totals | ||
| 8 | ||||
| Course | fees | 140,773 | 59,430 | 200,203 |
| Accomodation | 5,700 | (548) | 5,152 | |
| Sale of | Literature | 1,997 | 698 | 2,695 |
| Ashram | Sangha | 5,627 | 5,043 | 10,670 |
| 154,097 | 64,623 | 218,720 |
| Governance | |||||
|---|---|---|---|---|---|
| Management | Finance | costs | Totals | ||
| 8 | |||||
| Course | fees | 49,410 | 6,471 | 3,549 | 59,430 |
| Accomodation | 2,142 | (2,865) | 175 | (548) | |
| Saleof | Literature | 599 | 11 | 88 | 698 |
| Ashram | Sangha | 4,401 | 72 | 570 | 5,043 |
| 56,552 | 3,689 | 4,382 | 64,623 |
| 2023 | ||
|---|---|---|
| Swami | SatyaDaya | 7,010 |
| Swami | Krishnapremananda | 7,010 |
| 14,020 |
| 8. | STAFF COSTS | |||||
|---|---|---|---|---|---|---|
| 2023 | ||||||
| Management fees |
14,020 | |||||
| Resident allowance | 22,855 | |||||
| 36,875 | ||||||
| No employee received emoluments |
ofmore than f60,000. | |||||
| The average number ofemployees | in the year were 8. | |||||
| Key management | personnel | received f14,020 during | the year ended 31December 2023 | |||
| COMPARATIVES FOR | THK STATEMENT OF FINANCIAL ACTIVITIES | |||||
| Unrestricted | ||||||
| funds | ||||||
| INCOME AND ENDOWMENTS | FROM | |||||
| Donations and legacies |
703,471 | |||||
| Charitable activities |
||||||
| Course fees | 197,658 | |||||
| Accomodation | 8,595 | |||||
| Sale ofLiterature | 8,416 | |||||
| Ashram Sangha |
26,285 | |||||
| Inveslment income |
864 | |||||
| Total | 945,289 | |||||
| EXPENDITURE | ON | |||||
| Charitable activities |
||||||
| Course fees | 233,463 | |||||
| Accomodation | 9,422 | |||||
| Sale ofLiterature | 7,839 | |||||
| Ashram Sangha |
10,767 | |||||
| Total | 261,491 | |||||
| NKT INCOME | 683,798 | |||||
| TOTAL FUNDS | CARRIED FORWARD | 683,798 |
| TANGIBLE FIXEDASSETS | ||||
|---|---|---|---|---|
| Improvements | ||||
| Biomass | Long | to | ||
| Boiler | leasehold | property | Equipment | |
| 8 | ||||
| COST | ||||
| At 1 January 2023 | 301,276 | 199,106 | 10,484 | |
| Additions | 115,386 | 2,944 | 1,346 | |
| At 31December 2023 | 115,386 | 301,276 | 202,050 | 11,830 |
| DEPRECIATION | ||||
| At 1 January 2023 | 5,095 | 4,538 | 2,077 | |
| Charge for year | 3,347 | 4,366 | 4,024 | 1,052 |
| At 31December 2023 | 3,347 | 9,461 | 8,562 | 3,129 |
| NET BOOK VALUE | ||||
| At 31December 2023 | 112,039 | 291,815 | 193,488 | 8,701 |
| At 31December 2022 | 296,181 | 194,568 | 8,407 | |
| Fixtures | ||||
| and | Motor | Computer | ||
| fittings | vehicles | equipment | Totals | |
| 6 | ||||
| COST | ||||
| At 1 January 2023 | 16,879 | 6,769 | 1,828 | 536,342 |
| Additions | 1,390 | 121,066 | ||
| At 31December 2023 | 18,269 | 6,769 | 1,828 | 657,408 |
| DEPRECIATION | ||||
| At 1 January 2023 | 2,549 | 3,645 | 1,125 | 19,029 |
| Charge for year | 1,662 | 1,692 | 553 | 16,696 |
| At 31December 2023 | 4,211 | 5,337 | 1,678 | 35,725 |
| NKT BOOK VALUE | ||||
| At 31December 2023 | 14,058 | 1,432 | 150 | 621,683 |
| At 31December 2022 | 14,330 | 3,124 | 703 | 517,313 |
| 11. | STOCKS | |||||
|---|---|---|---|---|---|---|
| 31.12.23 | 31.12.22 | |||||
| Stocks | 4,510 | 4,477 | ||||
| 12. | DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR | |||||
| 31.12.23 | 31.12.22 | |||||
| Other debtors | 2,379 | 9,908 | ||||
| Prepayments | 3,362 | 3,617 | ||||
| 5,741 | 13,525 | |||||
| 13. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | |||||
| 31.12.23 | 31.12.22 | |||||
| Social security | and other taxes | 185 | 185 | |||
| Other creditors | 2,292 | 2,292 | ||||
| Accrued expenses | 4,859 | 3,770 | ||||
| 7,336 | 6,247 | |||||
| 14. | MOVEMENT | IN FUNDS | ||||
| Net | ||||||
| movement | At | |||||
| At 1.1.23 | in funds | 31.12.23 | ||||
| 8 | ||||||
| Unrestricted | funds | |||||
| General fund |
683,798 | 82,174 | 765,972 | |||
| TOTALFUNDS | 683,798 | 82,174 | 765,972 | |||
| Net movement | in funds, included | in the above are as follows: | ||||
| Incoming | Resources | Movement | ||||
| resources | expended | in funds | ||||
| Unrestricted | funds | |||||
| General fund | 300,894 | (218,720) | 82,174 | |||
| TOTALFUNDS | 300,894 | (218,720) | 82, 174 |
| 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 | |||
| Comparative | 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 |