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|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|
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||||||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|
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|||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|
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|||||||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|
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|||||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|
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|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|
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|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|
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|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|
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||||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|
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|||||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|
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|||2023|
|---|---|---|
|Swami|SatyaDaya|7,010|
|Swami|Krishnapremananda|7,010|
|||14,020|
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|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|
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|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|
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|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|
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||||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|
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